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With sales of retail lines on pace to triple or even quadruple, the additional building offers capacity and additional automation while also freeing up space in the original facility.
Franklin Printing's $1.25 million purchase of the huge, high-speed press — plus another $1.25 million for equipment that can fold, staple and more — was spurred by pandemic demand. But the company says the investment will help serve a broader market.
Alcom LLC said it has acquired Wisconsin manufacturer Triton, which specializes in personal watercraft trailers.
Phase 1 of the new funding program will provide grants for companies across the forestry industry in Maine. Phase 2 will provide competitive grants to improve market opportunities for Maine timber, which has suffered serious declines due to the
BIW started construction of the future USS Quentin Walsh, named for a Coast Guardsman who served heroically in World War II.
Vic Firth Co. relocated to a new facility across town. The drumstick manufacturer’s former factory sold at auction to Waterville-based boat dealer Hamlin's Marine. Central to Hamlin’s other locations, the site offers growth potential.
A 1980s-era steel building with good bones but in need of an update fit the bill for 43 North, which worked out a deal with the seller to renovate and lease out space before buying the property.
A large manufacturer of drumsticks, mallets, percussion implements and accessories, Vic Firth operated at the same location since 1963. Now the company has relocated to an industrial park in order to keep up with demand.
Restaurant and film-industry veteran Unnar Helgi Danielsson talks to Mainebiz about the inspiration behind a new brand of healthy food called Thor's Skyr.
The sprawling Pepperell Mill campus in Biddeford is under contract to be sold, pending due diligence, to two local developers.
The Wells company serves a global market, including U.S. giants like General Electric. The partnership integrates sensor and monitoring technology for CNC machines with advanced analytics and machine learning for “smart factory” solutions.
The buyer had his eye on the acreage for a decade, with the idea to build a campus with a “future” factory and visitor attractions such as a store, museum, sports complex and restaurant. “It’s a 10-year plan,” he said.
The Lewiston company, which markets customized promotional products, has been expanding its international reach and growing through acquisitions.
Brewer-based Getchell Bros., founded in 1888, was acquired by Philadelphia-based Arctic Glacier for an undisclosed price.
The defendant was sentenced to three years of probation and ordered to pay a fine to his former employer for filing a false document in relation to a workers' compensation claim.
Consumers these days are well familiar with supply-chain shortages. To find out how Maine businesses are adapting to them, Mainebiz reached out to a dozen businesses, ranging from a boatyard to a chocolate maker to a retail car-servicing chain.