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Maine companies get $20.2M in defense contracts

Four Maine companies have recently received a total of $20.2 million in defense contracts, according to the

Italian firm to spend $6M on Lewiston plant

Italian manufacturer Modula said it plans to spend $6 million on upgrades for a subsidiary’s plant in Lewiston — an investment expected to eventually create 70 new...

Hannaford names new president

Hannaford Supermarkets has named a senior executive from its parent company as its next president, who will take over when Brad Wise retires this summer.

Rockport dentist pays to settle fraud claim

A Rockport dentist has agreed to pay nearly $500,000 as part of a settlement with federal and state investigators alleging that he fraudulently billed MaineCare for improper...

USDA: $11M available for Maine businesses

The U.S. Department of Agriculture Rural Development program said it has $11 million in loan guarantees available for Maine businesses in rural areas, including places near...

Portland OKs $85M Bayside project

The Portland Planning Board has approved the $85 million, long-in-the-making “midtown” project in the city's Bayside neighborhood, but with a major condition.

Pellet plant proposed in Penobscot County

A small-scale wood pellet manufacturing plant has been proposed in the northern town of Mattawamkeag, where it will have to pass voter approval.

Diversified acquires California consulting firm

Diversified Communications has acquired a Pleasanton, Calif.-based company that provides professional training and development for accountants at small businesses.

Liquid propane gas site proposed in S. Portland

A subsidiary that is owned by the parent company of Downeast Energy is proposing to build a liquid propane gas storage and distribution plant in South Portland.

Complaint: Verso still owes severance payments

A union is alleging that Verso Paper still owes severance payments to most of its members who worked at the company's former Bucksport mill.