Belfast

The acquisition by Safe Harbor Marinas is expected to close in January. It is an all-cash deal; terms were not disclosed.

The midcoast has had a number of key developments of late, including the sale of a major boatyard, a yacht launch by a significant boatbuilder and debate over housing for the “missing middle.”

In addition to 260 units in the pipeline now, additional proposals include an eight-lot subdivision for single family and multifamily development and 10 apartments in three buildings.

The buyer is the conservation group Penobscot Bay Waterkeeper, which paid Nordic Aquafarms Inc. $1.5 million for the site.

The prospective buyer, Safe Harbor Marinas, is the largest marina and superyacht servicing business in the U.S.

Grump & Sunshine, a Belfast-based bookstore specializing in romance novels, plans to move to Portland's East End.

Maine State Credit Union has hired Paul Doody as senior vice president of commercial banking. He will focus on business development and commercial lending.

Belfast approved 60 units of affordable housing, while a separate proposal calls for 200 condos that would address need for "missing middle" housing.

At Watermelon Pie, Kachina Miller leads a team of five people, with big plans for scaling up.

Belfast-based Red Kettle Foods makes traditional kimchi and other products using Maine ingredients such as daikon, cucumbers, carrots, onions and ginger.