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Mega lands $100K contract with New Mexico lab

Gorham manufacturer Mega Industries has received a $98,452 contract to finish work on a high-power radio frequency system at Los Alamos Neutron Science Center in New Mexico.

Organizers of new Bangor startup program issue corrections to initial announcement

Dylan Martin |

The organizers of a new Bangor startup accelerator have issued a few corrections and clarifications to their Tuesday announcement, which they said was sent prematurely.

Maine Lottery sees record year as winnings top $156M, sales near $252M

Lori Valigra |

The Maine Lottery broke several records in fiscal year 2015 ended June 30, with players taking home a record $156.2 million in pretax winnings, up from $135.5 million in fiscal 2014, while lottery...

Developer eyes Rumford for $150M plant

Rumford may eventually be home to a new $150 million “processing plant” from a company with a “track record” of making large investments in Maine, but details are sparse so...

WEX adjusted net income dips in Q2

James McCarthy |

Although lower fuel prices and volatility in foreign currency markets continue to cut into its adjusted net income, WEX Inc. (NYSE:WEX) slightly beat analysts' expectations in reporting a 6% increase...

MTI, UMaine launching new startup program

The Maine Technology Institute and the University of Maine are launching a startup accelerator program in Bangor next month for up to three startups that have “high-growth potential.”

Feds give $1M to three Maine museums

The Portland Museum of Art and two other Maine museums have received a total of nearly $1 million in funding from the National Endowment for the Humanities.

Chick-fil-A to open first Maine location

National restaurant chain Chick-fil-A plans to open its first location in Maine next year.

Maine Development Foundation names Bangor Savings Bank exec as CEO

The Maine Development Foundation has named a senior executive at Bangor Savings Bank as its next CEO, three months after the unexpected resignation of its last leader.

Ballot question seeks to cut corporate tax breaks

A question on November’s statewide ballot seeks to increase funding for the Maine Clean Election Fund by cutting $6 million in corporate tax breaks.

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