WMTW to move studio to Westbrook

WMTW-TV is moving its downtown Portland studio to a "broadcast-ready facility" in Westbrook this fall.The TV station, owned by Hearst...

Economic Development

Planning commission lands $500K grant

The U.S. Commerce Department’s Economic Development Administration has awarded a $500,000 grant to the Southern Maine Regional Planning and Development Commission to capitalize a...

Creative economy

NEA awards $827K to Maine arts groups

Rep. Chellie Pingree announced Wednesday that the Maine Arts Commission would receive a $720,000 National Endowment for the Arts grant and that several Portland-area arts groups would...

Education & Training

Franklin Community Health lands $2M grant

An affiliate of the Franklin Community Health Network announced Wednesday that it will receive a $2 million grant over three years from the U.S. Department of Education to expand and...


Flooding closes Dexter's Main Street businesses

Downtown businesses and several roads in the central Maine town of Dexter were closed Wednesday due to flooding from the east branch of the Sebasticook River.

Economic Development

Bath Savings exec. appointed to MaineHousing board

Gov. Paul LePage has appointed John C. Marsh Jr., senior vice president of Bath Savings Institution, to serve on the MaineHousing board of commissioners. Marsh’s appointment was...


Whaling Wall mural may get pinched by lobster plant

Portland’s 950-foot Whaling Wall mural — painted almost 20 years ago by the international artist Robert Wyland — may have to lose a whale or two in order to accommodate...

Real Estate & Construction

State ferry projects land $1 million grant

Sen. Susan Collins and Rep. Chellie Pingree have announced that the U.S. Department of Transportation is investing $1 million in the Maine State Ferry Service to improve service to Maine...


Report warns of serious health care worker shortage

A report released Tuesday by the Maine Department of Labor concludes that the state could face a serious shortage of health care professionals in dentistry and psychology in the coming...


Jetport sees 6.7% rise in March passenger traffic

The Portland International Jetport today reported strong passenger growth that rose 6.7% over the same month last year.Jetport Director Paul Bradbury...

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Create a sound bring-your-own-device policy


"BYOD" or "Bring Your Own Device" is quickly becoming the rule, rather than the exception in today's workplace. While employers may benefit from the BYOD trend...

Get the most from your insurance


Insurance is a paradox — it's something you are glad to have but never really want to use. This means you are paying monthly or annual premiums for a product that you will only...

Use an RFP to your advantage when assessing lease space

Justin Lamontagne |

Manage a project of any size

Sean Sinclair |
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Here’s why high net worth people leave Maine


Mainers with high net worth or substantial income are finding more and more that they can significantly lower their tax burdens — in life and death — by becoming residents of...

Medicaid expansion proposal could reshape House debate

Two Republican lawmakers laid out a bill Tuesday that would have Maine expand Medicaid under the federal Affordable Care Act, at the same time implementing other changes to the...

IRS changes offer savings for commercial property owners

Greg Bryant |

Non-Maine public companies doing business here

Selected by number of Maine workers and ranked by fiscal 2013 revenue

RankMaine based subsidiary, location (Parent company)Revenue (millions)/Maine employment range
1Wal Mart-Sam's Club, statewide (Wal-Mart Stores Inc.)$469,162.0/7,001 to 7,500
2Perrier Group -Poland Spring, statewide (Nestlé S.A.)$92,158.0 (1)/501 to 1,000
3UTC Fire & Security (2), Pittsfield (United Technologies Corp.)$62,626.0 (3)/1 to 500

(1) Figure is in Swiss Francs. (2) United Technologies Corp. plans to close this plant, which employs 300 workers, in March 2015. (3) Figure represents net sales.

SOURCE: Each company's financial statements from 10-K reports, other financial reports and releases, the Maine Department of Labor and the Federal Deposit Insurance Corp./Compiled By Heide Martin and Roger Magnus.

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