Androscoggin County

🔒Precision manufacturer Elmet raises $125M in IPO

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

Evernorth fund will help finance three housing developments in Maine

The nonprofit financing syndicator recently closed its second-larges investment fund for affordable housing in Maine, New Hampshire and Vermont. The latest round will help create 494 homes.

St. Mary’s in Lewiston expands behavioral health services

The new program is a continuum of behavioral health services designed to support individuals at every stage of need.

🔒Lewiston manufacturer Elmet announces launch of initial public offering

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.
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🔒Maine manufacturers made critical parts for historic Artemis II mission

High-density, high-strength, corrosion-resistance and the ability to withstand high tempereratures were key characteristics of parts for the crewed Artemis II mission.

🔒Building Business: Hebert Construction restores Lewiston landmark for affordable housing

Hebert Construction’s renovation of Lewiston’s 19th century Dr. Milton Wedgewood House was “a labor of love,” according to COO Simon Hebert.

🔒Construction’s moving parts: Prefab components have come a long way

The vast majority of commercial and multifamily projects built in Maine today are constructed using prefabricated components. The practice saves substantial construction time, improves predictability and delivers a superior product.

January immigration raids took toll on Maine’s economy, report says

The Maine Center for Economic Policy estimates that ICE's “Operation Catch of the Day" reduced taxable retail sales by around $3.4 million during the 10-day period in the areas most directly affected by the raids.
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🔒Bates College plans $45M upgrade to athletic facilities on Lewiston campus

An average of 450 students use the current fitness center daily. “We’ve maxed out that space,” said a college spokeseperson The project could accommodate 2,600 users.

Lisbon Falls malthouse scores hat trick in global competition

Honey, toast, a nutty finish, pure s’mores and granola, fresh bread and aroma of hay are some of the lyrical ways Blue Ox characterizes its medaling malts.
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