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Terms were not disclosed, but the acquisition by Elmet Technologies creates a company with 500,000 square feet of facilities, nearly 400 employees and $200 million in revenue.
A roundup of new hires, promotions and achievements at businesses, nonprofits and health care facilities around Maine.
Blue Ox Malthouse produces malt for brewers, spirit makers and bakers. Construction is underway to triple the operation’s malting floor space and quadruple its processing capacity.
"For me, it's important that all feel welcome," said Tom Ruff, founder of Orange Bike Brewing Co. This story also includes a Mainebiz Audio Snapshot — listen to a behind-the-scene interview at the brewery.
Pieceworks is a Montville family business that provides contract manufacturing and assembly for entrepreneurs, filling a gap and allowing them to scale up.
For the lowdown on how leadership works in family-owned businesses, Mainebiz checked in with four family-owned enterprises and two smaller ones across the state.
"Having worked in the business for over 20 years before becoming chairman, the first thing I realized is that this is a very different leadership role," says Shawn Gorman, executive board chairman of the Freeport based manufacturer and retailer.
The plan comes a decade after it was named a Superfund site. Remediation, to come after the mill is demolished, is expected to return the property “to a productive future.”
On the University of Maine Presque Isle campus, one of the most-asked questions from visitors is, “Where is the sun?” Construction of a 3D model of the sun, to replace a 2D painting, is estimated at $55,000.
Bixby Chocolate founder Kate McAleer is taking the Rockland-based company in new directions, via “bean-to-bar” chocolate production and the launch of a coffee brand called Bixenta.
The Scone Goddess, founded in 2020, sells 70 flavors of fresh-baked scones to local customers and sells 22 mixes to retail and wholesale customers.
In the tiny Washington County town of Whitneyville, the company is applying lessons it's learned as a longtime supplier of holiday wreaths to a new, year-round business, Downeast Packaging Solutions.
In the past 18 months, fires have ravaged businesses in Port Clyde, Houlton, Skowhegan and Belfast. Here's a look at rebuilding plans.
Jac Arbour, a Gardiner-based CPA and investment manager, co-founded cooler maker PacBak with Brian McKinnon of Wasilla, Alaska. The rugged cooler is finding traction with retailers around the country.
Harbor Fish Market and Sea Bags are among local businesses featured in a new edition of the iconic board game, which is produced by Top Trumps USA under license from Hasbro Inc.
The shipyard will guarantee a job interview with any Army veterans, reservists or National Guard members as part of an agreement with the Army's Partnership for Your Success program.
Sponsored by Kennebunk Savings Bank
In this post-pandemic world, people are feeling stretched thin with overbooked calendars and a never-ending list of events to attend.
In the past couple of years, new events have been added to the must-attend list, including Northeastern University's Roux Institute, which teamed up with the Maine Technology Institute for a new event series, "Breakthrough Maine."
Other upcoming business events in Portland include "Eggs & Issues: Seriously, Another Hotel?!" on Oct. 16, hosted by the Portland Regional Chamber, Maine Community Bank's 2025 LaunchPad Live Event on Oct. 21 and the "13th Annual Gateway Cities Innovation Summit" on Oct. 28.
And don't forget the 2025 Mainebiz 40 Under 40 celebration on Nov. 6.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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