Posts Tagged: Business

  • Bar Harbor Bankshares announces stock split

    BAR HARBOR — The parent company of Bar Harbor Bank & Trust announced Tuesday it will be doing a stock split next month. The three-for-two split will increase the number of shares of common stock outstanding for Bar Harbor Bankshares (BHB) from the current level of just under 10.3 million to almost 15.4 million. The

  • Servers uneasy with new wage law

    Servers uneasy with new wage law

    ELLSWORTH — For most waiters, waitresses and restaurant owners, the new law requiring an increase in the minimum wage is bad news. Although most agree with an increase in the minimum wage in general, restaurant owners and servers say hiking the minimum wage for servers will add to the cost of doing business and everyone

  • Tire Warehouse set to open soon in Ellsworth

    Tire Warehouse set to open soon in Ellsworth

    ELLSWORTH — Tire Warehouse will soon join the ranks of auto parts and supplies businesses in the city’s commercial district. According to a sign at the location, recent direct mail fliers and information posted on the company’s website, Tire Warehouse is set to open soon at 27 Downeast Highway. Located at the corner of that

  • Marijuana growing supply shop opening in Blue Hill

    Marijuana growing supply shop opening in Blue Hill

    BLUE HILL — Dan Brown says cannabis saved his farm. Now, he’s opening an indoor plant growing supply shop called Gravelwood Farm Grow Store on the Ellsworth Road March 16. Brown, known for his fight with the state of Maine to sell raw milk, has been growing medical marijuana as a licensed caregiver with the

  • Camden National Bank announces Bangor and Downeast leadership

    Camden National Bank announces Bangor and Downeast leadership

    CAMDEN — Camden National Bank is pleased to announce new leaders of the bank’s Bangor Commercial group and Downeast Retail group. James Adsit has joined the bank as senior vice president and director of commercial banking for the Bangor and Downeast regions. In this position, he will lead a commercial banking team providing financing and

  • Business workshop series scheduled

    ELLSWORTH — The Downeast Maine Regional Entrepreneurship Assistance Model (DREAM) is sponsoring a startup and small business workshop series at the Union River Center for Innovation in Ellsworth. The workshops run from 5:30-6:30 p.m. and are free. Refreshments will be provided. The topic schedule is as follows: March 2: “Business Model Canvas.” March 16: “Business

  • Bar Harbor Bankshares reports year-end 2016 results

    BAR HARBOR — Bar Harbor Bankshares is reporting net income of $14.9 million for 2016. Earnings were relatively consistent with prior year-end, while 2016 earnings included charges of $2.7 million related to the previously announced Lake Sunapee Bank Group (LSBG) acquisition and the core system conversion that is expected to be completed in the second

  • Bucksport RadioShack closing

    Bucksport RadioShack closing

    BUCKSPORT — After 15 years in business, the RadioShack on Main Street will close its doors for the last time at 5 p.m. this Friday. Though most of the technology-consuming world has moved past the store’s black-and-red “R” sign, one group of loyal customers will miss its presence and, in particular, the presence of its