Maine & Co.

R Cubed Engineering first new division, at 1178 Hammond St. in Bangor, expands its capabilities in light manufacturing, rapid prototyping and federal contract support.

City Manager Penny Thompson confirmed the tech giant's plans to fit out a warehouse at 33 Aldridge Drive for a new distribution hub.

The 38-year banking industry veteran Larry Wold has joined Bar Harbor Bank as senior vice president for commercial lending.

Amanda Rector, state economist for Maine, offered a mostly upbeat outlook on Maine's economy in 2023 at the Mainebiz "5 on the Future" event.

Aloe vera supplement maker Desert Harvest moved nine employees to Ellsworth and plans to hire up to seven more in the coming weeks, for shipping, customer service and marketing. Plans are also in the works to expand operations into Canada.

Prapela Inc., a biotechnology company creating a medical device for infant health, is moving its development and commercialization work from Concord, Mass., to the Pepperell Mill Campus in Biddeford — and could be hiring there. 

At Brunswick Landing’s TechPlace, Field Phyto-Nutrients has perfected a production process that uses algae and now has its first commercial algae-based pet health supplement in commercial production.

Gov. Janet Mills has nominated Guy Langevin, chief administrative officer of Dead River Co., to serve as chairman of the State Workforce Investment Board, which advises the governor on workforce policy and development.

The message in Maine is the same for those starting a business as it is for communities that want to attract business and entrepreneurs — it's all about self-awareness. One of the top barriers to startup success is the business owner or entrepreneur not understanding how to go about it, says Mark Delisle, state director of Maine Small Business Development Centers.

Nordic Aquafarms, headquartered in Norway and one of the largest international developers of land-based aquaculture, announced today it plans to build one of the world's largest land-based salmon farms in Belfast, with a total capital investment of $450-million-to-$500 million.