Cianbro Corp.

🔒 Planned Bangor Region YMCA secures an additional $9M in financing

“The new Bangor Region YMCA demonstrates the power of new-markets tax credits to bring transformative capital to downtowns and rural communities,” said an Evernorth representative.

Cianbro wins $54M contract for Bangor bridge and road projects

The project is part of a long-term undertaking to replace the two I-95 bridges over Stillwater Avenue with a single-span bridge. The Kenduskeag Avenue Bridge will be also replaced, starting in 2027.

TimberHP exits Chapter 11 with long-term growth plan

The Madison-based manufacturer said it plans to ramp up production with recently improved products and build out its sales force across the Northeast and mid-Atlantic regions.

The Madison money trail: How TimberHP got into financial trouble — and how it aims to reset

Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.
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Presque Isle’s planned $53M airport terminal is preparing for take-off

After years of planning, work may begin this spring to replace the Cold War-era building at Presque Isle International Airport. Nearly 20,000 people flew through PQI in 2023.

Here are the 2024 ‘Best Places to Work in Maine’

The list includes employers that have consistently made the cut each year, as well as some newcomers. In total, 134 Maine businesses and organizations are 'best' in 2024. Their rankings will be announced in October.

City of South Portland adds seasoned HR director to its ranks

The city of South Portland has hired Robert Nadeau as its next director of human resources.

🔒 Building Business: By land or by sea, Cianbro answers the call

A roundup of construction news from around Maine includes Cianbro's efforts to move a major piece of equipment from Brewer, by sea, to the Portsmouth Naval Shipyard.
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Cianbro brings its construction management group under A/Z brand

People know Cianbro as a general contractor but its growth into construction management services isn't always recognized, the company's president says. The goal of the A/Z brand is to eliminate branding confusion.

Maine State Chamber honors Maine Celtics president and Sebago Lake Chamber leader

Dajuan Eubanks received the Alton (Chuck) Cianchette Business Hall of Fame award, while Robin Mullins was named the Dana F. Connors Chamber Professional of the Year. 
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