SKOWHEGAN — Franklin Savings Bank recently announced the addition of Stacy DeMerchant to the team as assistant vice president, mortgage loan officer. With 33 years in the banking industry and 15 years dedicated to lending, DeMerchant brings a wealth of knowledge and expertise to her new role. After finding her niche in lending, she has […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
GrowSmart Maine expands staff with 2 new hires
AUGUSTA — GrowSmart Maine announces the addition of two new members to its team, Aqeel “AJ” Mohialdeen, outreach and communications director, and Amanda Vermillion, development and operations associate. Mohialdeen is originally from Baghdad, Iraq. In 2010, he came to the United States with a special immigrant visa due to his international development work with USAID […]
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Posted inBusiness
New Dimensions Federal Credit Union promotes Michael Grenier
WATERVILLE — New Dimensions Federal Credit Union has promoted Michael Grenier to executive vice president. In this new role, Grenier will oversee operations, develop growth strategies, and enact the vision set forth by the board of directors and CEO. Grenier brings nearly 20 years of credit union experience to the position, including 10 years as […]
Posted inBusiness
Dirigo Labs selected to receive $150K from National Small Business Administration Catalyst Grant Competition
WATERVILLE — After successfully securing a $50,000 cash prize in May from the Small Business Development Administration Catalyst Phase I, Dirigo Labs was selected as a Phase II SBA Catalyst grantee to encourage ecosystem development throughout the state of Maine for rural and underserved entrepreneurs. In addition to the creation of partnerships with educational institutions […]
Posted inBusiness
HealthReach welcomes osteopathic neuromusculoskeletal medicine clinician
HealthReach staff in Strong, Livermore Falls and Belgrade welcome Dr. Jenna Martini to their care teams this month. Martini grew up locally, in Peru, and earned her Doctor of Osteopathy degree from Touro University’s College of Osteopathic Medicine in Vallejo, California. She previously earned her bachelor’s degree in biology from the University of Vermont, according […]
Posted inBusiness
McKee Law hires new associate
AUGUSTA — Liam Harrigan has been hired as a new associate attorney by McKee Law. Harrigan is a 2023 graduate of the University of Maine School of Law, and a 2020 graduate of St. Francis Xavier University. While in college, Harrigan interned at the Washington, D.C., office of U.S. Sen. Angus King, I-Maine. In law […]
Posted inBusiness, Nation & World
How to turn your electric car into a mobile power plant
The 2.1 million electric vehicles now on the road in the US boast an estimated 126 gigawatt-hours of battery storage, according to a paper published in September by the nonprofit Smart Electric Power Alliance.
Posted inBusiness
U.S. employers pull back on hiring in October, add 150,000 jobs in face of higher borrowing rates
Strikes against Detroit’s automakers likely shrank last month’s job growth by at least 30,000.
Posted inBusiness, Maine
House Republicans rebuff move by Golden to block offshore wind in Gulf of Maine lobster area
Golden tried to amend 2024 appropriations legislation for the Department of Interior to bar wind development in what’s known as Lobster Management Area 1.