Business

  • MDI Business Owners Win Tourism Honors

    BAR HARBOR – Local business owners Danny Lafayette, Michael Boland and Audrey Mills were honored with top Maine tourism awards at the 2010 Governor’s Conference on Tourism on Monday.   Mr. Lafayette of Lafayette Hotels, which among other properties in the Northeast and Maine owns the Wonderview and Bluenose Inns in Bar Harbor, along with

  • Business/Professional Brief

    Timothy Nightingale, senior vice president and senior lending officer for Camden National Bank, has announced that Ellen W. Curtiss has been named regional commercial manager for Union Trust, a division of Camden National Bank, in Ellsworth.   Curtiss, who most recently served six years as vice president, commercial banking officer at Camden National Bank in

  • Business-Professional Brief

    Jeff Clark, broker/owner of RE/MAX Hills and Harbors Realty, has announced that Laura Pellerano has joined the real estate office as a broker.   With 11 years of real estate experience, Pellerano provides representation in all areas of real estate. In addition to real estate, she has been part of the Ellsworth Rotary Club for

  • Camden National Corp. Reports Fourth Quarter and Year-end 2009 Results

    CAMDEN — Camden National Corp. recently reported net income for 2009 of $22.8 million compared to 2008 net income of $15.3 million.   Return on average assets increased to 1.00 percent for 2009 compared to 0.67 percent for 2008 and returns on average equity amounted to 12.81 percent and 9.15 percent, respectively, for the years

  • Business/Professional Briefs

    Bar Harbor Bank & Trust has announced several promotions.   Tim Tunney has been promoted to vice president/business banking. Elizabeth McMillan has been promoted to assistant vice president/human resources. Debra Mitchell-Dow has been promoted to assistant vice president/branch relationship manager in Bar Harbor. Leita Zeugner has been promoted to vice president/deposit services specialist. Lisa Veazie

  • Business/Professional Briefs

    Dr. Arthur “Art” Newkirk, a physician at Blue Hill Family Medicine, is Blue Hill Memorial Hospital’s new chief of staff.   He replaces Dr. Thomas Bugbee, a colleague at Blue Hill Family Medicine, who will focus on patients within his primary care practice. As chief of staff, Newkirk represents the medical staff of the hospital,

  • Bangor Hydro Receives Approval for Smart Grid Initiative

    BANGOR — The Maine Public Utilities Commission has approved an investment of nearly $8 million in Smart Grid infrastructure investments for Bangor Hydro Electric Co.   While federal stimulus funding for the project was not awarded, the MPUC has approved nearly all aspects of Bangor Hydro’s investment. “This project directly aligns with our business strategy

  • Ellsworth Financial Planning Firm to Participate in National Hotline Effort

    ELLSWORTH — Anne Gibson and Paul Pangburn of Gibson Financial Solutions, LLC in Ellsworth will be giving their time to an effort to provide free financial advice to consumers across the country.   Thousands of consumers are expected to receive guidance as part of the National Association of Personal Financial Advisors’ (NAPFA) and Kiplinger’s Personal

  • Airport Reaches Enplanement Goal, Avoids $850K Funding Loss

    ELLSWORTH — A promotional effort to spread the word about services at the Hancock County-Bar Harbor Airport and boost end-of-year enplanements was a huge success on both counts, according to Airport Manager Allison Navia.   In mid-December, Navia and county officials worried that the airport would lose $850,000 in federal entitlement funds because not enough

  • FAME-backed Business Heads Heads to Foreclosure

    AUGUSTA — On Jan. 21, Keenan Auction Co. will attempt to sell the manufacturing equipment, office chairs, forklifts and real estate associated with Moosehead Furniture in Monson.   Even the shuttered company’s Web site and brand name will be offered to the highest bidder. It’s the last days of a company that had its start