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Based on Maine’s southern midcoast, TechPlace is an incubator for early-stage manufacturing and technology startups.
Just as COVID coverage dominated the inside pages of Mainebiz in 2020, people wearing masks were also a common feature on the cover.
While Maine’s midcoast and Downeast regions are often defined by the fishing and tourism industries, they are also notable for a broader range of small businesses and startups.
The firm has reached an agreement to acquire Precinmac, which makes high-complexity precision components in South Paris.
Custom freeze-drying, aquaculture and machine-learning, logistics software and ecofriendly cans are some of the types of business in the new cohort of FoodTech Maine.
Susan Alfond, of Scarborough, ranks No. 388 on the Forbes 400 list — an annual comparison of the net worth among America's elite.
Sessions will explore investment and finance; sustainability and infrastructure; education and workforce development; research and data; national security; and Maine’s emergent aerospace industry.
For the third year, Mainebiz is recognizing the state's up-and-comers, the next generation of leaders who are changing Maine and its economy for the better.
Samantha Mason works as a test planning supervisor at General Dynamics Bath Iron Works.
Beth Greenlaw, the company's president, and CEO Don Oakes will serve their last day with the Portland-based company on Friday.
Tiny homes and accessory dwelling units are an emerging segment of the housing market. The acquisition will leverage Hancock Lumber’s buying power, facilities and manufacturing expertise.
The plant will turn out more than 160 'Iron Fist' Active Protection Systems, which are used in Bradley fighting vehicles to intercept rocket-propelled grenades and anti-tank missiles.
The project is expected to demonstrate electrification technologies in action, providing data and real-time experience to other farmers and industry members.
FocusMaine is now focused on ramping up its work to increase collaboration in each industry.
The $1 million loan will help with construction costs at the Portland facility, where operations and equipment are expected to move from a site in Arizona.
The deal provides access to the only Western source of Western tungsten concentrate to support Elmet Technologies growth. The metal is key to defense, aerospace, medical, semiconductor and other applications.