Press Releases (334)

BANGOR Twelve dislocated workers, including 10 people laid off from the Verso Mill in Bucksport, are being retrained in a customized fine woodworking and cabinetmaking program at Eastern Maine Community College.

The program is the result of a collaborative effort between EMCC, Eastern Maine Development Corporation and Maine Quality Centers to train dislocated workers for fine woodworking careers, primarily in the boatbuilding industry.

BELFAST Front Street Shipyard and the City of Belfast are working together to obtain funds through the Community Development Block Grant (CDBG) Economic Development Program to purchase the equipment and utility vehicles necessary to outfit its soon-to-be constructed 'Building Six.' The specific equipment would include cranes, curtain walls, a compressor, an air filtration system, piping and scissor lifts; the utility vehicles to be purchased would include a forktruck and a pickup truck. This equipment and these utility vehicles are necessary to be able to use Building Six to its fullest capacity.

"Building Six will expand Front Street Shipyard's capacity for large vessels," said J.B. Turner, president of Front Street Shipyard. "With additional shop space and new additions to our staff, we'll be able to attract more recreational yachts to the Midcoast Maine area, which we see as a benefit to our neighboring businesses as well as our own."

CAMDEN - Camden National Corporation (NASDAQ: CAC), the parent company of Camden National Bank (collectively referred to as "Camden National"), and SBM Financial, Inc., the parent company of The Bank of Maine (collectively referred to as "The Bank of Maine") today announced the signing of a definitive agreement under which The Bank of Maine will merge into Camden National Bank, creating Maine's largest community bank. The combined organization will operate under the Camden National Bank name and brand and be led by Gregory A. Dufour, president and chief executive officer of Camden National Corporation and Camden National Bank. John Everets, The Bank of Maine's chairman and chief executive officer, will provide consulting services through the transition. The combined organization will be headquartered in Camden, with several leadership positions in Portland.

"We are excited to welcome The Bank of Maine employees and customers to Camden National. The union of these two great organizations will redefine what it means to be a community bank," said Dufour. "Together, we have a combined history of over 320 years of providing exceptional service to the people of Maine. As the largest community bank in Maine, we are poised to continue to provide our customers and shareholders with an enduring value. We are a financially strong institution that is a leader in Maine's financial services industry and is Maine's bank for the future. Our focus will remain on expanding relationships with customers by providing them with the products and services to meet their needs such as leading-edge digital banking tools, a wide range of lending and deposit options, and robust wealth management and investment services. Camden National will also be able to help even more communities thrive with programs such as [email protected], our homelessness awareness initiative."

ORONO With the snow beginning to melt, firewood may be the last thing Maine residents want to think about, but according to University of Maine professor Jessica Leahy, spring and summer are the best times to start a wood bank, and her new guide shows communities how.

Leahy, an associate professor of human dimensions of natural resources at the University of Maine School of Forest Resources, wrote the guide with Sabrina Vivian, a senior in the Ecology and Environmental Sciences Program.

Tuesday, 24 March 2015 18:41

People On The Move - (03/25/15)

Written by PR

Sea Dog Brewing Company in Bangor Names New Head Brewer

Bangor, ME - (March 19, 2015) Sea Dog Brewing Co. has named Bob Crockett its head brewer. Bob comes with over 10 years of brewing experience, most recently at the Shipyard Brewing Co. in Portland

Monday, 23 March 2015 09:30

Ellsworth Chamber announces Business Award nominees

Written by PR

ELLSWORTH - The Ellsworth Area Chamber of Commerce is pleased to announce the nominees for the 2015 Business Awards to be presented at the Chamber's Annual Meeting and Awards night, May 21, 2015 at Big Cat's Catering and Event Center. Four nominees were chosen in three categories, to go on the chamber webpage for on line community voting. 'We started this new tradition with last year's event,' said Susan Farley, Chamber executive director. 'The fun part is the community gets to take part in the voting and no one knows the outcome until that evening.'

Three Business Awards will be given out at the annual event: New Chamber Business, Revitalization Award and Customer Service. Ballots go out to all chamber members early in the year asking for nominations in each category. A committee goes through all the nominations selecting the top four in each category. In late April the chamber webpage will have live voting for each of the awards. Businesses are encouraged to have their employees, customers and friends go on line and vote. Winners are announced at the Annual Meeting Event.

Monday, 16 March 2015 15:08

$20 on the 20th

Written by PR

ELLSWORTH The Ellsworth Area Chamber of Commerce in celebration of the first day of spring is promoting '$20 on the 20th;' spend $20 shopping locally on Friday the 20th of March. It has been a record-setting winter here in Downeast Maine. Not only have we had a lot of snow and cold temperatures, but many businesses have had to close several times or had fewer customers due to the severe weather.

Spring is here, at least on the calendar. On March 20, many area businesses will be offering specials, sales and fun events. Businesses are offering up everything from tulips to oil changes, cat food to hair products. The 30 participating stores and businesses have something for everyone. So bring some spring into your life and home, or just get an errand done by shopping locally with '$20 on the 20th'

PORTLAND - Bangor Savings Bank was the top Small Business Administration (SBA) lender in Maine in 2014, providing $9.34 million in loans to 87 new or existing businesses. Marilyn Geroux, Maine District director of the Small Business Administration, made the announcement on March 5 at a gathering of small business owners held at Central Provisions in Portland.

'Maine's small businesses are the key to the state's economic well-being, and the SBA works hard to provide many types of support,' said Geroux. 'Having access to affordable loans is essential to get businesses off the ground or help them expand. I'm here to congratulate Bangor Savings Bank once again for their outstanding role in keeping Maine's small business community thriving.'

Monday, 09 March 2015 16:57

Popular downtown venue closes its doors

Written by PR

BANGOR The owners of Tantrum Nightclub and Lounge, the popular nightspot on Broad Street in Bangor, announced earlier this week that their last day of operation was Saturday, Feb. 28.

Opened in December 2012, the venue became a hub for local music, dance nights, catered events, comedy shows and national music tours. With a capacity shy of 400, artists such as Raekwon, Nore, Cassidy, Juvenile and many others found their way to Tantrum's stage, and the venue also hosted many local musical groups and more recently comedy and dance troupes like Her Majesty's Cabaret, The Focus Group and Haus Paradigm.

BANGOR Bangor Savings Bank is stepping forward again in an effort to fight hunger. During the month of March, Bangor Savings Bank will be collecting jars of peanut butter and jelly to benefit local food pantries and other hunger relief programs in Maine. Donations can be made at any of the 56 Bangor Savings Bank branch locations throughout the state.

'Since launching this program in 2012, Bangor Savings' Peanut Butter & Jelly Drive continues to grow. Last year we collected over 7,000 jars of peanut butter and jelly! Our goal is to increase that number this year, so that more families will have access to a protein-rich, non-perishable food that will make a big difference in their daily lives,' said Lisa Bird, assistant vice president and senior Community Relations coordinator at Bangor Savings Bank.

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