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Latest Business Updates

Thursday, May 14, 2020

Maine brewery adapts to taproom closings with nearly statewide delivery routes


Bissell Brothers Brewing had a product to sell in late March but suddenly lacked the most direct method of distribution — its taprooms in southern and central Maine.
 


Portland company sees record sales despite coronavirus


ImmuCell, which is currently expanding its production facilities because of increased demand, reported a net loss for the quarter of $122,000, or 2 cents per share.
 


Maine businesses in survey expect more than 50 percent losses this year


The results suggest that, despite broad access to aid programs, Maine companies have struggled to keep employees on payroll and will be facing significant losses as the year goes on.
 


CMP parent sues state in effort to halt proposed anti-corridor referendum


The Maine State Chamber of Commerce and the Industrial Energy Consumer’s Group supported the lawsuit.
 


LL Bean reopens two of its Freeport retail stores


L.L. Bean became the latest retailer to partially reopen its stores Wednesday after it had closed all of them on March 16 to help curtail the spread of the novel coronavirus.
 


Calais hospital struggles to find bank to help it apply for emergency stimulus loan


The Calais hospital was initially denied participation in the Paycheck Protection Program because it has filed for Chapter 11 bankruptcy protection and the program’s interim rules bar bankrupt applicants from participating.
 


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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