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Founded in 1954, Cross Insurance has acquired more than 120 insurance agencies throughout the Northeast. It now has more than 1,000 employees operating out of offices in six states.
The deal expands geographic reach for both care providers. Terms were not disclosed.
The Bangor-based health care provider, founded in 1997, has received $4.1 million in federal funding to continue and expand services.
Infrastructure improvements will be on the agenda for FY 2022, with 32 Maine airports receiving $14.7 million for upgrades to runways and terminals, among other things.
Businesses struggle to find workers, but unemployment and labor force participation remained stagnant in November, the state Department of Labor said Friday.
The two-branch car wash company, which had hoped to add a third location in Bangor this year, was acquired as new industry investors look at Maine as a growth market.
Maine's minimum wage has been increasing, and Maine employers are increasing their own minimums. But attracting and retaining workers remains tough in the tight labor market.
Mission Critical Delivery Solutions was acquired by SDS Rx for an undisclosed price. Both businesses specialize in transporting medications and other medical goods to patients.
A year after Maine released a four-year climate action plan, Gov. Janet Mills announced nearly $25 million in funding to help communities prepare and adapt on various fronts.
The pandemic, remote work and the so-called Great Resignation have all changed the job market. But they've also changed how CEOs hire and manage their workforces, panelists told the audience at the Mainebiz Bangor Forum.
Since the pandemic, Maine has seen an increase in leadership transitions.
In 2024, we saw an unprecedented rate of change as leaders retired, resigned, switched jobs or sought time to recharge.
In December, we noted that changes in top management affected law firms, banks, nonprofits, health care institutions, universities and businesses in Maine.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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