The numbers for state-chartered banks and credit unions were the lowest in 8 years.
maine businesses
Posted inBusiness, Local & State, News
State accuses supplements seller of fraud, fleecing Americans for millions
Six of the nine defendants have agreed to settle charges that included using phony experts to sell pills for joint pain and memory problems. One company used a South Portland address.
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Posted inBusiness, Local & State, News
January a robust month for existing home sales and prices in Maine
Favorable market conditions boost purchases by 7.9% and a shortage of inventory drives up the median price by 8.3%.
Posted inBusiness, Local & State, News
Lewiston-Auburn chamber selects familiar advocate as new chief
Rebecca Swanson Conrad has extensive business and civic involvement in the area.
Posted inBusiness, Local & State, News
Maine needs immigrants to fill worker shortage, business leaders say
Encouraging people to move to Maine is especially critical to address the problem of the state’s aging workforce, says Dana Connors, president of the Maine State Chamber of Commerce.
Posted inBusiness, Local & State, News
Poland Spring expansion calls for fourth bottling plant, 80 more workers
The company is looking for a location with nearby springs in western Maine under a plan that would boost production capacity by nearly 45 percent.
Posted inBusiness, Local & State, News
Fiberight waste project seeks $45 million bond to get built
Fiberight has applied for a $45 million conduit bond from the state’s quasi-independent financing agency to help build the $69 million facility.
Posted inBusiness, Local & State, News
Maine’s oldest TV station to be sold to Georgia media giant
Gray Television Inc. wants to buy WABI in Bangor and another station in Florida for $85 million.
Posted inBusiness, Local & State, News
Sappi paper mill touts transformational shift with $165 million upgrade
The No. 1 paper machine at the Somerset County mill will be retooled to make mostly consumer packaging products, toothpaste and cosmetics boxes, tea packets and dry goods packaging.
Posted inBusiness, Local & State, News
Babe’s Shoe Repair in Waterville closes as owner retires after 37 years
Owner Fred Murphy plans to retire to his blueberry farm in China after working for decades as a cobbler in the city.