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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.
Maine Urban Timber Co. began last year after Niles Krech and Steve Pracher built a sawmill, and has caught a growing tide for large slabs made from trees that would normally end up as chips.
The $1.6 million acquisition is the company’s fifth location and first to open in Maine. Search parameters included being south of Portland, the broker said. A strong tenant helped clinch the deal.
Founder Chris Sieracki and President and CEO Kent Peterson recently stepped down, and Peterson has been succeeded by an executive of a California company. Fluid Imaging was purchased last year by Yokogawa Electric Corp. of Japan.
Cianbro Corp. built the entrance structure for Portsmouth Naval Shipyard's new "superflood basin" over the past year and a half in Portland. On Sunday, the huge component was slowly towed to Kittery.
Bath Iron Works has provided design and technical services for Burke-class destroyers since 1987, and will continue to perform that work under a one-year contract extension.
The plant is Louisiana-Pacific Corp.’s second-longest-running mill, commissioned in 1981. The conversion will increase manufacturing of its flagship siding and trim product and consumption of locally sourced fiber by 30%.
Sean Fawcett, who is a senior yacht design instructor who has been at the Arundel school since 2013, will take over the post, succeeding Richard Downs-Honey.
California-based Nautilus Data Technologies will build an 84,000-square-foot data center on the former Great Northern Paper mill site, becoming the anchor and first tenant for the innovation and technology campus there.
Michael Gamash, then a civilian employee of Portsmouth Naval Shipyard, stole $60,000 of scrap metal from the yard over a two-year period.
Industrial software maker HighByte plans to use its winnings to provide competitive salary offers to new graduates and experienced developers, effective immediately, the company's co-founder and chief marketing officer told Mainebiz.
While the Pentagon had planned to spend 2022 funding on two Navy destroyers, President Joe Biden's budget only pays for one.