Members report a 30% to 40% reduction in wood markets this year.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.
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Posted inBusiness, Giving Back
Bangor Savings Bank Foundation donates to SeniorsPlus, Safe Voices
BANGOR — Bangor Savings Bank Foundation has donated $7,500 to SeniorsPlus in Lewiston and $5,500 to Safe Voices in Auburn. In its latest grant cycle, the foundation committed $677,500 to Maine and New Hampshire-based organizations. Among the services provided by these grantees: COVID-19 response, hunger relief and affordable housing, mentorships to improve educational outcomes, combating […]
Posted inBusiness, Giving Back
Emerson Chevrolet-Buick donates to Good Shepherd Food Bank
AUBURN — In November, Emerson Chevrolet-Buick donated $5,000 to the Good Shepherd Food Bank’s Thanksgiving food drive. Emerson Chevrolet-Buick supports the Good Shepherd Food Bank because they believe in the the effort to combat the root causes of hunger in Maine.
Posted inBusiness, Noteworthy
Franklin Savings Bank receives SBA District Director Award
FARMINGTON — The Maine district office of the U.S. Small Business Administration presented Franklin Savings Bank with the SBA District Director Award during a virtual ceremony Dec. 3. The award recognizes the efforts taken by Franklin Savings to greatly increase the use of SBA programs in the bank’s lending portfolio. The mission of the U.S. […]
Posted inBusiness, Noteworthy
New Ventures Maine gives grant to Little Ridge Farm
LISBON FALLS — New Ventures Maine has selected Little Ridge Farm as its fall 2020 Western Maine Marketing Mini-grant recipient. This business was the unanimous winner selected from a strong group of applicants from Androscoggin, Franklin and Oxford counties. Little Ridge Farm was founded in 2007 by Keena Tracy. It is a certified organic farm […]
Posted inBusiness, Noteworthy
OTELCO hires Stephen Collins
NEW GLOUCESTER — OTELCO has hired Stephen Collins as an OSP project manager/analyst in the company’s New Gloucester office. Collins has a bachelor’s degree in business administration and majored in finance. He worked most recently as a consultant and is a resident of Auburn.
Posted inBusiness, Noteworthy
St. Mary’s hires Dr. Marc L. Demers
LEWISTON — St. Mary’s Health System, a member of Covenant Health, has hired Dr. Marc L. Demers for its general surgery team. Demers received his medical degree from Boston University School of Medicine. He completed his residency at Maine Medical Center in Portland and completed his surgical oncology fellowship at the University of Texas M. […]
Posted inBusiness, Giving Back
Sunday River Challenge raises funds for Bethel Food Pantry
NEWRY — Giving Tuesday marked the conclusion of the Sunday River Challenge in support of the Bethel Food Pantry, where the resort pledged to match donations up to $5,000. Along with the support of an anonymous donor who pledged to match another $5,000 in donations, the community raised over $24,121, far exceeding the original fundraising […]
Posted inBusiness, Maine, News
Maine economic growth report points to short-term hardships, but opportunities down the road
Among the post-pandemic bright spots, the state’s quality of life is expected to attract out-of-state professionals to move here.