Business

  • MDI Biological Laboratory backs blood testing firm

    MDI Biological Laboratory backs blood testing firm

    BAR HARBOR — The MDI Biological Laboratory will provide incubator space and associated scientific resources on its Bar Harbor campus to Coagulation Sciences LLC, a Riverdale, N.Y.- based development-stage medical device company. Coagulation Sciences is developing the Multiple Coagulation Test System to help hospitals minimize or eliminate unnecessary blood transfusions and their associated risks by

  • Reeve named chamber director

    Reeve named chamber director

    MOUNT DESERT — Tom Reeve, former development director at the Mount Desert Island YMCA in Bar Harbor, has been named part-time director of the Mount Desert Chamber of Commerce. Reeve, who lives in Seal Harbor, is a former assistant manager of College of the Atlantic’s Beech Hill Farm and former development and relocation manager for

  • Acadia in limbo by hiring freeze

    Acadia in limbo by hiring freeze

    ACADIA NAT’L PARK — President Donald Trump’s Jan. 23 executive order placing a 120-day freeze on federal government hiring is having a major impact on the park. “We have some very critical vacancies,” Superintendent Kevin Schneider said in response to a question from a member of the Acadia Advisory Commission on Monday. Among the full-time

  • Elite Airways not returning to Bar Harbor

    Elite Airways not returning to Bar Harbor

    TRENTON — Elite Airways, which was the first commercial jet service to operate out of the Hancock County-Bar Harbor Airport, will not return in 2017. Airport Manager Brad Madeira said John Pearsall, president of Elite Airways, advised him that the carrier has decided to focus on other markets at this time. Last year, Elite began

  • Link between dietary restriction, longevity examined

    Link between dietary restriction, longevity examined

    BAR HARBOR — Scientists at the MDI Biological Laboratory have published research which improves the understanding of the mechanisms by which the lifespan of roundworms can be lengthened by cutting back on calories. It has been known for decades that drastically restricting certain nutrients without causing malnutrition prolongs health and lifespan in a wide range

  • Café expansion appealed

    Café expansion appealed

    BAR HARBOR — An addition connecting the buildings that house Side Street Café at 49 Rodick Street and Thrive Juice Bar next door at 47 Rodick Street is facing an appeal from neighbors. The Appeals Board is set to consider the complaint, which claims the addition does not respect a required setback, at a Feb.

  • Rales, Boland buy Islesford Dock

    Rales, Boland buy Islesford Dock

    CRANBERRY ISLES — Mitchell Rales, billionaire seasonal resident of Northeast Harbor, and Bar Harbor restaurateur Michael Boland have bought the Islesford Dock and its popular summertime restaurant for an undisclosed sum. Dan and Cynthia Lief, who had owned the dock and operated the restaurant for 24 years, announced last year that the 2016 season would

  • Merger finalized, new jobs added

    Merger finalized, new jobs added

    BAR HARBOR — The merger of the parent company of Bar Harbor Bank & Trust (BHBT) and the New Hampshire-based Lake Sunapee Bank Group has created 21 new jobs in the state, according to BHBT CEO Curtis Simard. “It’s big news for a bank located in Down East Maine on an island,” Simard said, “we’re

  • Brothers buy lobster excursion boat

    Brothers buy lobster excursion boat

    BAR HARBOR — Fresh from their successes operating the Sea Princess excursion and nature cruise out of Northeast Harbor and the popular Wild Acadia Fun Park in Trenton, brothers Andy and James Allen have expanded their business holdings. This winter, they have purchased the excursion vessel Lulu that operates lobster fishing cruises to tourists in

  • Theriault promoted

    Theriault promoted

    BAR HARBOR — Julie Theriault has been promoted to vice president, payroll and benefits manager, at Bar Harbor Bank & Trust. Theriault, who joined the bank in April, has extensive experience as a leader in human resources, operational management and organizational development. Her career began in 2001 as a manager with Wright-Patt Credit Union in