Washington County

The marine research laboratory, in the Washington County town of Beals, launched the public phase of a campaign to raise $4 million in support of the institute’s housing, operations and other capital priorities.

Plans for the Manchester, N.H., branch have been notified to the Maine Bureau of Financial institutions.

The goal is to find a successor with the background and ability to take the institute to the next level. “We have so much potential and so much lined up to help us grow.”

The acquisition positions the buyer to preserve the business legacy while modernizing operations for the future, including system updates and enhanced customer experience.

The 15-year-old Top Gun program provides an opportunity for entrepreneurs to refine and test their business ideas and gain critical skills, mentorship and resources.

Demand for cruise visits to Portland, Rockland and Eastport is strong, but the outlook varies. Factors include sailing times from other cruise ports, certain customs and border protection restrictions and, in Rockland’s case, a local ordinance limiting the cruise season,

Debbie Getchell, Kennebec Savings Bank’s senior vice president and chief financial officer, retired on Dec. 31 after a 41-year career in finance.

Inflation could have an impact on the size of planned expenditures for upgrades and maintenance on transmission and substation infrastructure in the years ahead.

The Downeast Institute, which began in 1987, recently lost two promising new researchers because they were unable to find affordable housing.

Calvin Beal boats have long been popular with fishermen for the vessels' Downeast looks and handling. The design has also proven a safe and stable platform for patrol inspections.