South Paris

Friday Food Insider: It’s Bastille Day, and time to check out Maine’s French food scene

If you are reading this at work and can’t wait to get your French wine and French food fix, you have come to the right place because this week the Friday Food Insider has the go-to spots to enjoy Bastille Day and some local events. 

At Northeast Bank, income flattens but record loan volume drives asset growth

With additional loans on the books, Northeast Bank said its assets as of Dec. 31, 2022 totaled $2.81 billion, an increase of $1.23 billion, or 77.5%, from June 30, 2022.  

Construction prices predicted to rise another 7% to 9% this year, report says

Consigli Construction Co. Inc. expects overall project prices to rise 7% to 9% this year, on top of a 12% price increase last year.

Endangered nursing facilities for Maine veterans to stay open after all

Facilities in Machias and Caribou will stay open after a vote by the trustees of Maine Veterans' Homes.
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South Paris manufacturer is on a buying spree

A recent acquisition of a Utah manufacturer will be the eighth company in the Precinmac portfolio. The business complements an acquisition last fall of an Indiana company.

Northeast Bank to close Buckfield branch

The Portland-based bank plans to close its Buckfield location, leaving seven other Northeast branches in Maine.

Mills signs bill to keep Maine Veterans’ Homes in Machias, Caribou open

The nonprofit nursing care provider previously said the two homes lose money, have trouble finding workers and face a decline in residents.

Promise of funding may aid jeopardized veterans’ homes in Caribou, Machias

The nonprofit said its board will meet later this month to consider options after Gov. Janet Mills offered $3.5 million in funding to keep two of the nursing facilities open.
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🔒Building Business: Brunswick has ‘boom town’ feel, with projects underway

New construction, including a bank and a supermarket, dots locations across the town. Also in this Mainebiz roundup, jobs from Saco to South Paris.

Anonymous donor gives $200K to support 20 Maine theaters during pandemic

The gift provides funding for local drama groups and venues from Biddeford to Presque Isle. Many of the recipients have had to curtail or eliminate their summer seasons as a result of COVID-19.
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