Mainebiz

November 26, 2018

Issue link: https://nebusinessmedia.uberflip.com/i/1053527

Contents of this Issue

Navigation

Page 9 of 31

V O L . X X I V N O. X X V I I N OV E M B E R 2 6 , 2 0 1 8 10 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Kmart store axed as part of Sears' bankruptcy Sears Holdings Corp. (NASDAQ: SLHD) will close another of its Maine stores, a Kmart location in Waterville. e Kmart store at 11 Elm Plaza will close in February 2019, according to court documents filed in U.S. Bankruptcy Court Southern District of New York. In total, the new closure list includes 29 Sears stores and 11 Kmart locations. Just a month earlier, the Hoffmann, Ill.- based retailer identified a Kmart store at 417 Main St. in Madawaska among the 142 stores slated for closure. N O T E W O R T H Y C E N T R A L & W E S T E R N Rangeley Trading Co. launched RangeleyTrading.com, which offers gift certificates for more than 20 local businesses. Nestlé Waters North America, through its Poland Spring Brand 100% Natural Spring Water, awarded a $25,000 Good Neighbor Grant to the University of Southern Maine Foundation. The grant will fund an upland watershed monitoring project conducted by the University's Environmental Science and Policy program. Androscoggin Bank's MainStreet Foundation selected New Beginnings, a Lewiston nonprofit that serves runaway and homeless youth and Maine families in crisis, as the 2018 recipient of its annual $25K for Kids grant. The award will be used to increase the resources for food and housing available to youth that utilize its programs. Maritime Academy expands to Bucksport Maine Maritime Academy in Castine has signed a purchase-and-sale agree- ment to acquire a six-acre parcel of land at the former Verso paper mill site in Bucksport to locate the college's new Center for Professional Mariner Development. e sales agreement is with American Iron and Metal, owners of the property. e center is expected to provide state-of-the-art training for undergraduate students, professional Member FDIC www.bhbt.com/success-stories Serving Communities in Maine, New Hampshire & Vermont Photography by Chris Pinchbeck Finding the right recipe for success. Elizabeth Johnston and her family wanted to start a new brewery. They talked with other banks, but only Bar Harbor Bank & Trust had the solution to help them achieve their goal. To see how Bar Harbor Bank & Trust worked with Lake St. George Brewing to write their success story, go to www.bhbt.com/LSGB. Let Bar Harbor Bank & Trust help you write your business success story. E-mail your big idea to Success@BarHarbor.Bank or call 207-669-6811 today. " From the get-go, Jeff, our banker, was trying to understand us as people." —Elizabeth Johnston We help businesses write their own success stories. MAINEBIZ.BIZ/MENTALHEALTH S P O N S O R E D B Y M OD ER AT ED BY : Eric Meyer, CEO of Spurwink PA NEL IS T S : Joanne Abate, Assistant Vice President of Global Health and Insurance Programs, Unum / Timothy Blevins, Senior Vice President, Optum / Jennifer Harnish, Director of Human Resources, Baker Newman Noyes / Mary Allen Lindemann, Co-Founder and Community Builder, Coffee By Design / Dr. Robert McCarley, Vice President of Medical Affairs, Maine Behavioral Healthcare / Katy Rand, Attorney, Pierce Atwood FOLLOW US @MBEVENTS #MBHC18 FOR MORE INFO AND TO REGISTER, VISIT Our panel will discuss the best ways to understand and manage mental health issues in the workplace, plus opportunities and resources to help employees and employers. Portland Marriott at Sable Oaks, South Portland November 29 / 7:30–10:30am M I D C O A S T & D O W N E A S T

Articles in this issue

Links on this page

Archives of this issue

view archives of Mainebiz - November 26, 2018