William Hall

Biddeford-based Fiber Materials Inc. to be sold for $165M to NC defense contractor

The prospective buyer is a global supplier of thermal protection systems and textiles for the aerospace, defense, medical and industrial markets. It has operations at seven U.S. sites, including Maine plants in North Monmouth and Winthrop.

Preble Street will take over operations of a Bangor homeless shelter

Hope House, operated by Penobscot Community Health Center, had been on the verge of closing. With help from recently approved state funding, Preble Street will begin running the shelter in February.

Spectrum Healthcare spinning off division, half of which may be acquired for $16M

The orthopedics practice, to be known as Clarion View Partners, would retain ownership of an ambulatory surgery center at 33 Sewall St. in Portland. A Florida management company would own half the business.

Portland will freeze new hotel starts for 6 months as it mulls affordable housing rule

A temporary moratorium is intended to give officials time to consider potential changes to the city's inclusionary zoning ordinance, which applies to hotel development.
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IDEXX reports Q3 earnings growth, but cuts revenue guidance

The Westbrook-based maker of veterinary diagnostics and software had mixed financial results to share with investors on Thursday morning.

Lightning strikes again: MacKenzie Scott gifts $15M to Brunswick-based Coastal Enterprises

The philanthropist has given away $17.3 billion of her fortune to nonprofits across the U.S. Now she's re-upped her support of CEI.

Here are this year’s ‘best places to work in Maine’ — by ranking

The 'Best Places' program, in its 19th year, honored 134 organizations. Some of the top-ranked employers are repeat winners.

Brunswick Landing leader Kristine Logan is stepping down in wake of toxic foam spill

After facing criticism related to a recent spill of toxic firefighting foam at Brunswick Executive Airport, Kristine Logan has resigned as executive director of the Midcoast Regional Redevelopment Authority.
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South Portland bus service to merge with Greater Portland Metro

The city, which withdrew from Metro over 40 years ago, may once again receive bus service from the regional transit provider.

Maine billionaire makes list of 400 richest Americans

Susan Alfond, of Scarborough, ranks No. 388 on the Forbes 400 list — an annual comparison of the net worth among America's elite.
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