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.
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.
Maine’s modular construction industry, considered essential to helping meet the state’s critical housing needs, hit a regulatory roadblock this month in the Legislature, with the failure of LD 2229.
Elmet, whose products had a role in the historic Artemis II flight to the moon last week, launched the roadshow for its proposed initial public offering.