Posted inTimes Record

Midcoast hirings and promotions

Damariscotta Bank & Trust is pleased to announce the promotion of three bank officers “We are proud to be a small community bank that promotes from within and provides a learning environment for our employees so they can continually grow and feel confident in their roles,” President & CEO Scott Conant stated. “Just as our […]

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Coastal Enterprises creates aquaculture loan program

Coastal Enterprises Inc., a Brunswick company that works to improve environmental and economic sustainability in rural communities, has created a new loan program aimed at aquaculture businesses.  The Sea Farm Loan is designed to help finance shellfish or sea vegetable farmers who may not be able to get loans from other lenders like banks. To […]

Posted inTimes Record

Upscale senior housing finds a home in Maine

It took Chris Wasileski and his father, John Wasileski, 25 years to complete development on their company’s magnum opus, an upscale, age-restricted community of 400 homes called OceanView at Falmouth.  Now the father-and-son company, Topsham-based Sea Coast Management Co., has embarked on its next project, an age-restricted community of as many as 105 homes to be built […]

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Poland Spring to use 100% recycled plastic for bottles

PORTLAND — Poland Spring announced Monday a plan to use 100% recycled plastic for all its noncarbonated water containers, a move that comes amid growing concern about plastic pollution.  The Maine-based company said the effort kicks off this month with 1-liter bottles. By 2022, the company plans to use 100% recycled plastic for bottles in all […]

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Weddings in Maine

Atop a 1,000-foot mountain in western Maine, Granite Ridge Estate & Barn is booked for 26 weddings this year, 19 next year and three so far in 2021. Weddings average 150 guests, all of whom arrive by limousine or bus. They use local florists, catering, makeup artists and bakeries. “We probably have 20 to 25 […]

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Brunswick-based tech institute is the Maine SBA’s 2019 Financial Services Champion

The Maine Technology Institute (MTI) was named the “2019 Financial Services Champion of the Year” by the Maine District Office of the U.S. Small Business Administration. The honor was presented during Wednesday night’s SBA Small Business Awards Celebration in Freeport, which recognized individuals and businesses making a positive economic impact in Maine. Among the criteria […]

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Times Record B2B forum tackles the labor crunch

Three businesspeople who live and breathe employee recruitment and retention offered insights at the Times Record’s first Business Breakfast Forum. The event, held May 15 at TechPlace, examined the challenges and offered strategies for successful hiring in a county where unemployment rates are often well below 3 percent. Sharing their expertise were: Tom Rainey, executive […]

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One thing Maine’s legal pot industry can’t bank on? Support of financial institutions

The inability of Maine’s cannabis-related businesses to access traditional banking services is a huge drag on the industry, but that may be about to change. Supporters of a congressional push to protect banks and credit unions that do business with legal cannabis growers, sellers, processors and product makers say it would transform the industry in […]