Timothy Winkeler becomes president of the automotive chain while John Quirk takes on the roles of chairman and CEO.
maine businesses
Strong single-family home sales continue in Maine
The median price in October rose to $205,000, while sales increased by 8% over the same month last year.
FAME honors 3 Maine businesses, 1 charitable foundation for economic contributions
Casco Bay Vending, the Harold Alfond Foundation, Camden National Bank and Machias Savings Bank all receive awards for work that benefits the state’s economy and businesses.
Longtime CEO of Volunteers of America’s northern New England affiliate to step down
June Koegel is promoted to an executive position with the affordable housing and human services nonprofit at its national headquarters in Virginia.
Federal mandates threaten The Cat ferry service between Portland and Nova Scotia
Customs officials won’t provide required inspection services in 2018 unless Portland’s facilities are upgraded, but the city is balking at the cost of up to $7 million.
State’s $8.2 billion outdoor industry could get boost from 30-member Maine Outdoor Brands alliance
The group of 30 companies plans to help recreation entrepreneurs and promote Maine’s natural resources to attract manufacturers and new residents.
Day One hires new CEO
Gregory Bowers has a long history of working in Maine’s substance abuse and mental health fields.
Lawsuit including 3 Mainers claims CMP’s parent company conspired to inflate rates
The lawsuit, filed in Boston, says that Avangrid and Eversource Energy manipulated the region’s supply of natural gas, causing price spikes.
Maine unemployment dips to 3.5% in October
It’s the 25th consecutive month the state’s jobless rate has been under 4 percent.
Maine outdoor companies to form trade group
More than 25 companies are launching Maine Outdoor Brands to promote manufacturers, retailers and other outdoor-focused companies.