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A biofuel called ethyl levulinate can be made from wood residue, waste paper or cardboard, municipal solid waste and food waste. The proposed biorefinery would produce locally sourced, renewable, carbon-neutral heating fuel.
In an off-market deal, a Maine-based buyer group picked up three fully tenanted warehouse/distribution facilities that are in great shape but are also expected to have significant upside as the leases expire.
Three pieces of the Rockland waterfront, totaling nearly nine acres, are being marketed as a single commercial offering. Some worry a sale could result in longstanding businesses getting crowded out, but the city says it's looking for balance.
The proposal envisioned an “affordable industrial village.” The Select Board requested a housing component, complicating further negotiations. Still, said one official, “I don’t think it’s an impossible project.”
Build-out is underway at Atlantic Sea Farms' new Biddeford facility, with move-in expected to be complete by late October. Farming, production, and retail and wholesale outlets are growing, including sales to chain Whole Foods Market.
A draft bill in Congress could mean more work for Bath Iron Works and other Maine contractors, according to U.S. Sen Angus King, I-Maine, a member of the Senate's Armed Services Committee, a member of the Senate's Armed Service Committee.
The money is expected to support critical infrastructure improvements, create 20 jobs, retain 120 jobs and generate $3.5 million in private investment. TechPlace opened in 2015 and now houses 35 early-stage businesses.
A Maine artist whose paintings and prints appear in prestigious collections discovered neon as a medium in recent years. A second Portland studio, renovated from a century-old florist shop and greenhouse, offers space to display the light sculptures.
The town sees the parcel of land as a potential industrial park, and is already conducting site tours with prospective investors.
The state collected input on fishing activity, marine wildlife and navigation off southern Maine to refine the potential site for the research array. “I’m concerned with this narrowed focus on an already heavily fished area,” said one fishing
The settlement by Maine and 14 other states with the manufacturer of prescription opioid OxyContin would divvy up billions of dollars. But Maine has paid an especially high price as a result of the opioid epidemic.
Furloughs were due to expire July 12, but the test-swab manufacturer has extended them another three weeks. Like Abbott Labs, another company manufacturing COVID diagnostics in Maine, Puritan has been responding to change in testing needs.
With 8.77 waterfront acres and downtown proximity, the package is viewed as a development opportunity in keeping with Rockland’s growth as a destination. But it also raises the issue of a potential loss of the working waterfront.
The maker of COVID-19 diagnostic tests, which ramped up its Maine presence last year in response to the pandemic, says declining demand for the tests has made the cuts necessary.
Microwave Techniques LLC has acquired all the assets and intellectual property of Raleigh, N.C.-based Industrial Microwave Systems LLC for an undisclosed amount.
Kate McAleer, owner and founder of Bixby & Co., told Mainebiz she plans to use the $25,000 prize money for manufacturing equipment to expand capacity.