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Down East

Bucksport mill parts sold in auction

Canadian scrap metal company American Iron and Metal continued with its plans to scrap Verso Paper's former mill in Bucksport with an equipment auction this week.

Foreign trade zones expand in Bangor, Waterville

The U.S. Department of Commerce has recently approved the expansion of foreign trade zones in Bangor and Waterville, allowing companies in surrounding companies to...

DA: Unemployment fraud hurts businesses

A recent string of unemployment fraud cases has prompted the district attorney for Hancock and Washington counties to remind the public that such cases can hurt...

Down East partners with Dispatch magazine

Down East magazine has formed a cooperative publishing agreement with Dispatch, a publication covering music and events in southern Maine and coastal...

Demolition of Bucksport mill could start this spring

A representative of American Iron & Metal, the Canadian scrap metal company that purchased the shuttered Verso Corp. paper mill in Bucksport for $60 million in February, told town officials on...

Rural health centers to receive $5.5M in federal funding

U.S. Sen. Angus King announced Wednesday that the U.S. Department of Health and Human Services' Health Resources and Services Administration has awarded $5.5 million in grant funding to support...

Bucksport mill auction set for March 24

An auction to sell some papermaking equipment at the former Verso Paper Mill in Bucksport will begin on March 24.

Verso Corp. reports fourth quarter and year-end 2014 losses

Verso Corp. (NYSE:VRS) is reporting financial losses for both the fourth quarter and the year ended Dec. 31, 2014, citing as factors a 2.7% decrease in average sales price per ton and a 4.3% decline...

Aquaculture firm wins its largest grant to date

Peter Van Allen |

A Brunswick aquaculture company has received a $658,000 federal innovation grant, it said Monday.

Osborn, wind developer reach agreement

The town of Osborn has approved an agreement to receive $1.87 million over 20 years in exchange for letting the parent company of First Wind develop 14 wind turbines...