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Fiber Materials Inc. manufactures heat-resistant components for the space industry, among others. Business is growing and so are hiring plans, with 40 new jobs expected to come online.
The new company currently employs 17, but is looking to at least double staff over the next year as operations grow.
An Old Town startup, Global Secure Shipping, builds the containers from high-strength composites, embedded with sophisticated sensors that fight theft and tampering.
While the number of manufacturing jobs in Maine has fallen from historic levels in the early 1990s — when there were as many as 95,000 workers — the number has rebounded from the low of 45,000 in April 2020, according to the Federal Reserve Bank o
C&L Aviation Group said it is refining part of its maintenance, repair and overhaul business in order "to better meet global market divisions." The change will result in the reduction of about 30 jobs in Bangor.
Braincube, which is headquartered in France but has its U.S. base in Portland, uses AI to improve manufacturing operations.
Fiber Materials Inc. has leased a 52,000-square-foot plant in Biddeford that will ramp up capacity and house a center to develop products for extreme environments.
American Steel and Aluminum said the 50,920-square-foot building will be used for storage and to increase heavy-plate cutting capacity.
Maine hosts a growing number of pitch competitions with cash prizes that can play a vital, just-in-time role for small companies looking to buy that next piece of equipment, pay competitive wages or ramp up marketing.
Founded out of the University of Maine Lobster Institute, Marin Skincare's first product was a body lotion that helps treat dry, aggravated skin associated with eczema, psoriasis and other dermatitis conditions.
The owner says increased vagrancy has been discouraging walk-in customers, and the new location offers an opportunity to lay out retail and workshop space from scratch.
“DeepCharge’s venture into Maine highlights our state’s expanding role in tech manufacturing,” said Saunders Electronics’ Paul Meserve.
Developments in radar and combat systems make the latest version of the Arleigh Burke-class the most technologically advanced surface warship in the world, says the Bath shipbuilder.
The owner of Port City Mechanical called Charlie Martin at Maine Plywood and told him about the boilers that were being scrapped at the former B&M Baked Bean plant. Now all Martin needed was a crane that could lift 90,000 pounds and a small
Terms were not disclosed, but the acquisition by Elmet Technologies creates a company with 500,000 square feet of facilities, nearly 400 employees and $200 million in revenue.
A roundup of new hires, promotions and achievements at businesses, nonprofits and health care facilities around Maine.