Life sciences is a $2.3 billion industry in Maine, and the sector’s job growth has exceeded 30% in recent years — outpacing job creation in all other industries.
With orders up 25% through the first quarter, the manufacturer, which has sites in Guilford and Pittsfield, says tariffs will have a "negligible" effect on operations.
'We remain steadfast in our commitment to our retail banking branches, and we do not have any plans to close other locations,' a spokeswoman for the bank told Mainebiz.
The new partnership illustrates the growth and collaboration in Maine’s life sciences industry. The two companies hope to make sampling less stressful for research animals and staff.
The Guilford-based manufacturer, which took on a critical pandemic role producing swabs used in millions of COVID tests, said it will cut roughly 220 jobs in Maine and close its Tennessee manufacturing site, ending 50 jobs there.
The four honorees range from swab-maker Puritan Medical to a Danish firm that chose Portland as its U.S. headquarters. Last year was the best performance for Maine’s exports since 2011 with a total of $3.1 billion exported to 177.