Business news

Posted July 28, 2014, at 3:16 p.m.

Classes for employers

BANGOR — The Maine Department of Labor’s Bureau of Labor Standards is offering no-charge courses for employers in Bangor.

The courses are designed for small business owners and staff who have responsibility for managing human resources or payroll functions.

The Laws Governing Workplace Rights classes will be held 8:30 a.m.-1p.m. and 1:30-5 p.m. Thursday, July 31, at the Bangor CareerCenter, 45 Oak St., Suite 3, in Bangor.

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This course covers wage and hour laws, including minimum wage, overtime, youth employment, severance pay, equal pay, leave requirements (family medical leave and domestic violence) and break requirements. It addresses commonly asked employment-related questions and offers participants an opportunity to ask questions. The course also includes a discussion of employer services offered by the CareerCenters.

Employers interested in registering for either course can learn more and register at http://www.maine.gov/tools/whatsnew/index.php?topic=Safetyworks_Classes&v=ListAll . Space is limited so reservations are required.

 

New vice president

BANGOR — Tim Nightingale, executive vice president and senior loan officer for Camden National Bank, announced recently that Brent A. Folster has joined the bank as vice president of commercial lending.

Folster will serve the Bangor region and report to Steve Thomas, bank senior vice president and regional commercial manager.

A lifelong resident of Old Town and graduate of the University of Maine Farmington, Folster is active in the community serving as a director of the YMCA of Old Town-Orono and secretary of the Old Town-Orono YMCA Foundation, vice president of the board of the Old Town Residential Services Corp., and a board member of the Ronald McDonald House Charities of Maine.

 

New acquisition

BANGOR — Cross Insurance, a subsidiary of Cross Financial Corp., announced recently the acquisition of Merchant, Needham and Associates Insurance, an independent insurance agency based in Northeast Harbor, specializing in business, home and vehicle insurance offerings for customers throughout Hancock, Washington, Penobscot and Knox counties.

The agreement, effective immediately, marks the fifth acquisition this year for Cross Insurance, a Bangor-based family-owned insurance agency, following the broker’s recent acquisitions of Troy, Pires and Allen Insurance, East Providence, Rhode Island; The Driscoll Agency, Norwell, Massachusetts; The Insurance Exchange, Stamford, Connecticut; and Willis of Northern New England.

Merchant, Needham and Associates will operate as a member of Cross Insurance but will retain both its name and nine-member workforce.

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