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Eastern Bank Welcomes Stanley Tree Service, Inc. As A Commercial Customer
July 21, 2021 GMT
BOSTON (BUSINESS WIRE) Jul 21, 2021
Eastern Bank is pleased to announce Stanley Tree Service, Inc. (Stanley Tree) as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major electric utility customers in Rhode Island and Southern Massachusetts, providing vegetation management services its customers require. Stanley Tree has 240 employees and is led by a team of dedicated, long-term employees. Eastern provided a term loan to support Stanley Tree’s conversion to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP), making it a fully employee-owned company. Eastern Bank is also providing a revolving line of credit and an equipment line of credi
In a statement released by Oxitec, the British-based biotech company said the initial release of its genetically modified OX5034 Aedes aegypti mosquito was âexpected to be in operation no earlier than April 2021,â leaving many residents to wonder exactly when the release will be.
The question looms large while the Florida Keys community looks to the Florida Keys Mosquito Control District, a tax-supported entity, for answers. Neither the district nor Oxitec has publicly announced where or when the releases will occur. Oxitec has previously said the target areas lie between Mile Marker 10 and Mile Marker 93.
Oxitecâs information is proprietary as a private for-profit entity contracted by the local bug board.