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The former owner of Yale Cordage in Saco added the property to a growing investment portfolio. He had his eye on Brunswick Landing for quite some time. The deal commits him to build a facility within five years.
Over 800 investors have put up a stake to move the rocket-making company forward in its development of a suborbital rocket, with the goal of offering launch services for miniature satellites. The company is also narrowing in on a Downeast launch
Fewer seats, expanded aisles, upgraded LEDs, Wi-Fi and sound — corporate and regional air carriers are commissioning more comfortable cabins for passengers. In this Mainebiz interview, the founder of C&L Aviation talks about how those changes
The $636,470 project included demolition, dismantling and off-site disposal of multistory boilers and asbestos-containing materials, leaving an empty shell ready for redevelopment.
The $150 million overhaul of a Louisiana-Pacific mill near Houlton will mean more wood materials for home builders. The project, which broke ground in June, will also mean jobs and business for the region's forest products industry.
A former chlor-alkali facility in Orrington released mercury into the estuary. Today’s owner of the site has paid over $30 million so far and agreed to another $267 million for remediation, disposal and contingencies.
The new, lobster-style vessel replaces a smaller one that was 22 years old when it was damaged by an electrical fire in 2019.
The competition identifies promising technologies to help address the climate and Maine’s clean energy goals. Companies in Biddeford and Wiscasset were each awarded $250,000.
The Belfast-based passive house architecture and construction firm proposes a $2 million facility that’s expected to triple its current space and at least double its production capacity.
The state's Extended Producer Responsibility Law is a first in the nation, but it’s not a new idea. However, there are unknowns about its impact on businesses, which so far have had mixed reactions.
Ed Karabec, CEO of Lanco Integrated, had hoped to step down earlier but the pandemic changed that plan. Now, Lanco’s board of directors has named Karabec’s successor, Bob Kuniega.
The 2021 campaign, set to kick off later this month, will feature a mix of in-person and virtual events. During last year's all-virtual version, 226 employers participated and 145 veterans and military family members were hired.
The distinctive smokestack at the B&M baked bean factory, a long-familiar sight off Interstate 295, will be razed by the end of the month.
The company is now one of the preferred "launch providers" — along with the businesses of Richard Branson and Elon Musk — for the commercial space division of a Los Angeles engineering firm.
Employee attraction and retention were top of mind at the Jackson Laboratory when it instituted an immediate increase to its hourly minimum wage. The lab has 220 open positions, including nearly 70 in Maine.
The Lewiston-based promotional products company said Monday that it has acquired Englewood, Colo.-based distributor ProCorp. Inc. for an undisclosed amount.