Manufacturing

Less than a year after exiting Chapter 11, the Madison-based maker of wood-fiber insulation landed backing from New York-based FTAI Infrastructure.

The local investment group performed a substantial build-out to attract Brock Corp., with with 15,000 employees worldwide, to Maine and specifically to the property.

Despite unpredictable economic conditions, a number of Maine companies — of all sizes and across industries — are driving growth through mergers and strategic leadership changes. Here's a digest of recent news.

Atlas Structural Systems, which has 11 production facilities in New Brunswick and Nova Scotia, Canada, has opened its first facility in the states, and began production in April.

“It takes a lot of coordination that people do not always see. Everything has to come together perfectly from start to finish,” said the press operator.

Proceeds will go toward debt repayment, working capital, growth capital and general corporate purposes.

R Cubed Engineering first new division, at 1178 Hammond St. in Bangor, expands its capabilities in light manufacturing, rapid prototyping and federal contract support.

The three-week program, launched in 2018, provides 120 hours of hands-on training and was created to address the demand for skilled workers at General Dynamics Bath Iron Works.

Volk Packaging, with 110 employees and $50 million in annual sales, specializes in corrugated packaging materials.

The forum, scheduled for Friday. May 8, will focus on issues affecting Maine’s business climate, workforce development and economic competitiveness.