South Paris

Manufacturing

South Paris-based manufacturer bulks up with Bay State acquisition

Precinmac LP said its two latest acquisitions have expanded its workforce to more than 2,200 employees.
Manufacturing

South Paris maker of precision parts acquires Texas-based aerospace firm

The acquisition of Dallas-based Precision Aerospace Holdings “adds meaningful technical capability and customer alignment” to Precinmac.
Economic development

🔒Modular structures are another option to speed construction

Advances in technologies have enabled modular manufacturers like KBS to offer mass customization, making it possible to efficiently produce a broader range of work.
Aging population

US News lists five Maine senior living centers among best

U.S. News & World Report evaluated some 15,000 nursing homes nationwide, assessing both short-term and long-term care models.
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Higher education

A guide to Career and Technical Education in Maine

Training an educated workforce is key to developing a successful and productive community and economy. CTE, through...
C-suite

NYC investment firm to acquire Maine precision-parts manufacturer

The firm has reached an agreement to acquire Precinmac, which makes high-complexity precision components in South Paris.
Real Estate & Construction

South Paris retail plaza anchored by Save-A-Lot scooped up as value-add opportunity

The multi-use retail strip, which sold for $1.25 million, is in a high-visibility location en route to Sunday River and came with a near-full tenancy, with two vacancies available.
Real Estate & Construction

Properties with USPS as tenant offer dependable investment

“It’s a highly desirable segment,” broker Dennis Wheelock said of properties leased to the USPS. The Bryant Pond location includes a 14-foot-tall sculpture of a hand-crank telephone.
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Banking & Finance

Bar Harbor Bank & Trust names mortgage loan originator with diverse work experience

Bar Harbor Bank & Trust has appointed Nickol Daigle as a mortgage loan originator.
Professional services

Baker Newman Noyes promotes 4 staffers to management roles

The Portland-based accounting and advisory firm has promoted employees to managers and senior managers in its tax, assurance and operations departments.
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