Guilford

🔒Guilford medtech firm secures up to $40M in debt financing

Hyperfine Inc., which develops portable MRI systems, has secured up to $40 million in debt financing to support operations and growth.

🔒As family businesses seek new revenue streams, Bishop’s Orchards expands prepared-food, catering segments

A sixth-generation Guilford farm market is licensing a local catering brand to build out its prepared-foods business — and stay competitive as big-box grocers tighten their grip on food retail.

🔒New Carmody Managing Partner Lahnin targets talent-driven growth

Fatima Lahnin has spent her entire 25-year career at Carmody, Torrance, Sandak and Hennessey — and now, as its new managing partner, she's focused on keeping others there just as long.

🔒Guilford packaging manufacturer appoints new CEO amid leadership transition

Brook + Whittle, a Guilford-based manufacturer of labels and flexible packaging, has appointed Carl Will as its new CEO.
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CT Comptroller Sean Scanlon announces re-election bid

State Comptroller Sean Scanlon on Tuesday officially announced he will seek election to a second term.

🔒Lower borrowing costs could boost lending in 2026 as CT bankers weigh MA, expansion plans and cyber risks

Connecticut banks see brighter 2026 outlook after 82% posted higher third-quarter profits, with interest rate cuts expected to spur refinancing and loan growth despite competition from nonbank lenders.

Guilford wealth management firm joins Boston-based Integrated Partners

Fair Street Advisors, a Guilford-based wealth management firm with $233 million in assets under management, has joined...

Ascend Bank to close North Madison location

Ascend was formed when Guilford Savings Bank merged with Eastern Connecticut Savings Bank in October and rebranded itself.
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Wealth management subsidiary of CT community bank names new president

Grey Ledge Advisors, the Guilford-based investment advisory subsidiary of Ascend Bank, has appointed Michael Schulitz as president.

Hyperfine awarded $3.7M grant to advance global brain health

Hyperfine Inc., a Guilford-based biotechnology company, said Wednesday it has received a $3.7 million grant from the Bill & Melinda Gates Foundation to advance development of its AI-powered portable MRI technology for neonatal brain imaging.
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