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Latest Business Updates

Tuesday, June 16, 2020

Future contracts may depend on largest BIW union’s strike vote


The outcomes of contract and strike votes on Sunday by the 4,600 members of Bath Iron Works' largest union could determine how much business the U.S. Navy gives the shipyard going forward, an expert said.
 


After a banner year, Bangor Savings found new revenue streams during the pandemic


While the coronavirus pandemic has dealt a major blow to the U.S. economy, the largest Maine-based bank has so far managed to stay ahead of the downturn that arrived just as it was finishing a banner fiscal year.
 


Janet Mills allows restaurants to open to indoor dining in 3 remaining counties


Restaurants in Cumberland, York and Androscoggin counties would be allowed to resume dine-in service on Wednesday after Gov. Janet Mills lifted restrictions while citing stabilizing coronavirus case figures in the three counties.
 


Coronavirus fuels bicycle boom not seen since the 1970s


Fitness junkies locked out of gyms, commuters fearful of public transit and families going stir crazy inside their homes during the coronavirus pandemic have created a boom in bicycle sales unseen in decades.
 


Uncertainty at Bath Iron Works as union prepares for contract vote


One of the biggest sticking points is the hiring of subcontractors, which has angered shipbuilders.
 


CLASSIFIEDS


QUALITY, BUILDABLE LAND EDDINGTON
Chemo Pond 3 Rd., Lot 28, 7.4 acres; buildable land mins. to Bgr/Ells; snowmbl/atv trails; nearby water; $59,000; Kelley & Wally Fenlason, 207-949-7376. Realty of Maine.
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EAST MACHIAS MLS#1282261
Covenants protect investment. Rd front, rights to common lot. Near Gardner Lake. Great opp. Survey says 8.97ac. lot. $26,500 Sunrise Realty, Anita Johnson,
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HAMPDEN MLS#1413707
4 BR/2 BA 1918 farmhouse on 1.2 acs. Spacious fam. rm., huge backyard, 2-car att. gar. & front porch. $169,000 Jean Jenkins, Vacationland Realty, VacationlandRealtyMaine.com
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DEDHAM
Lot # 1 Hillside Dr. Conv. loc. minutes from 1A. Subdivision lot., Elec. at St., septic test avail. Walking trails abound & Lucerne Beach Club nearby. $25,000
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COUNTRY LIVING IN MILO RANCH
3 BR/1.5 BA W/2-car attach gar Deck & nice yard. Big basement. 1-car detach gar & shed w/gen. Near Schoodic & Ebeemee Lakes & KI. Trails nearby. Anne Bailey, DeWitt-Jones Realty, 207-943-3163
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