Business

  • Home prices continue to rise; housing stock is low

    Home prices continue to rise; housing stock is low

    ELLSWORTH —The housing market is tight and getting tighter, according to recently released numbers from the Maine Association of Realtors. There are fewer homes on the market compared to the same time last year, and this is leading to flat sales and high prices, both in Hancock County and around the state. “Realtors from all

  • Ellsworth chosen as “Opportunity Zone”

    Ellsworth chosen as “Opportunity Zone”

    ELLSWORTH — Ellsworth was the only municipality in Hancock County selected as one of Maine’s 32 Opportunity Zones by Governor Paul LePage, according to an announcement made Monday by the Governor’s office. The federal Opportunity Zone program targets capital gains, which are profits from the sale of stock or other assets. There’s a lot of

  • Nails by Chloe celebrates one-year anniversary

    Nails by Chloe celebrates one-year anniversary

    BUCKSPORT — Do you remember the last time your feet felt as soft as butter? If not, get an appointment with Chloe Stubbs, who just celebrated her first year doing business as Nails by Chloe. The Bucksport High School Class of 2015 graduate launched her nail salon in March 2017. She’s doing business at 73

  • Bangor Savings Bank scores high in customer satisfaction

    Bangor Savings Bank, for the third time in the last four years, has received the highest score among qualifying retail banks in the New England region in the J.D. Power Retail Banking Satisfaction Study. The bank’s outstanding performance in the 2018 survey earned it the highest rating of “among the best” in the online ratings

  • Blue Hill company builds bridges for Manhattan sky-rises

    Blue Hill company builds bridges for Manhattan sky-rises

    BLUE HILL — Hewes & Company is nearing completion on cladding for steel pedestrian bridges that will connect three luxury sky-rise buildings on Riverside Drive in Manhattan. “The first bridge is already installed in Manhattan,” said Gardner Pickering, who leads Hewes’ marine division. Hewes & Company has been building custom homes, cabinetry and millwork and

  • Labor shortage quickly becoming a business crisis

    Labor shortage quickly becoming a business crisis

    ELLSWORTH — Ask Burnie Gordon, owner of Precision Autobody in Hancock, how he feels about the labor market in the area, and you may get a sardonic chuckle. “I don’t think there is any labor market. There just is no workforce out there anymore.” Maine’s unemployment rate fell again in March to 2.7 percent statewide.

  • Business planning workshops scheduled

    ELLSWORTH — The University of Maine Cooperative Extension is offering free business planning workshops. All of the workshops will run from 9 a.m.-noon and will be held at the Extension office, 63 Boggy Brook Road in Ellsworth. The schedule is as follows: Pricing Your Products and Services – May 14. Staying Safe: Protecting Your Small

  • How many pharmacies can one city support?

    How many pharmacies can one city support?

    ELLSWORTH — The closing next month of the Ellsworth Rite Aid will bring to four the number pharmacies clustered in Ellsworth. The local Rite Aid was one of 1,932 Rite Aids nationally that were bought by Walgreens, which operates a store two blocks down the street. “To provide the best experience for our customers and