Portland

Climate change

Portland hires two firms to study impact of sea level rise

Consultants are collecting data on coastal infrastructure within the coastal flood resilience overlay zone, such as public buildings, roadways and stormwater systems.
Health care

🔒MaineHealth to cut 83 jobs in restructuring of IT, analytics

No patient-facing roles are affected by the changes, which entail eliminating 56 employees in analytics and 27 in IT.
Higher education

🔒Roux Institute is rising along Portland’s waterfront

Mainebiz checked in with the team at Consigli Construction’s Portland office, which is managing the entire $320 million construction project.
Climate change

Hannaford to study climate risks at two Portland-area stores

The Scarborough-based grocery chain is teaming with the Gulf of Maine Research Institute to onduct climate vulnerability assessments at Hannaford stores in Portland and South Portland.
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Executive moves

Portland accounting firm Albin, Randall & Bennett names two principals

Matthew Marcoullier and Samantha Pedersen have held leadership roles supporting clients across Maine and New England.
Downtown revitalization

Portland’s Riverton Trolley Park on track for more upgrades

The 130-year-old park, which was originally served by a trolley from Monument Square, will get new pedestrian walkways and a designated food truck space.
Executive moves

Maine Lobster Marketing Collaborative appoints 7 new board members

The Maine Lobster Marketing Collaborative was created in 2013 and is funded by lobster harvesters, dealers and processors to market Maine lobster and expand the demand for lobster. 
Banking & Finance

🔒WEX beats expectations on Q2 results, raises full-year outlook

“We continue to see resilience and strong underlying results across each of our segments," the company's chief financial officer said in Wednesday's earnings release.
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Nonprofits

$6M expansion pays off for Portland Community Squash

“Our weekly traffic has almost tripled since we opened the new spaces. This is the 50-year investment to give the building another 50 years,” said the nonprofit’s director.
Hospitality

🔒130-room hotel under construction in busy Portland district

A Home2 Suites by Hilton extended-stay hotel has broken ground on the corner of India and Middle streets, next door to the Hampton Inn.
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