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ServiceMaster franchise relocates to Auburn, plans workforce expansion

A ServiceMaster cleaning and restoration franchise that recently relocated to Auburn from Oxford plans to add three to five employees to its workforce of 30 by winter, the company said.

Distillery to open in Thompson's Point next year

A distillery plans to open a production facility, tasting room and space for private events at Thompson's Point in Portland next year, the Portland Press Herald reported Tuesday.

Gouldsboro lobster processor plans to boost production with new investment

A lobster processor in Gouldsboro plans to add up to 75 new employees as it expands production with the help of a new investor, the Ellsworth American reported Wednesday.

Tyler Technologies announces $670M bid to acquire New World Systems

James McCarthy |

Tyler Technologies Inc., a Plano, Texas-based public sector software developer with 540 employees at three locations in Maine, announced Thursday it has signed a definitive agreement to acquire the...

Maine Angels’ investment activity ranks third in New England

The Maine Angels was the third most active angel investment group in New England between 2010 and the second quarter of 2015, according to a recent national report on angel investment activity, the...

USDA rural development grants to help create 184 jobs in Maine

The U.S. Department of Agriculture awarded four Maine organizations a total of $275,000 through the Rural Business Development Grant program, the Kennebec Journal reported Thursday.

L.L. Bean boots already on back-order

Fall has been underway for about a week, and L.L. Bean is already reportedly running into a shortage of some styles and sizes of its iconic Bean boot, according to Bloomberg.

MEMIC announces $18M dividend for 17,000 Maine policyholders

Workers’ compensation insurer MEMIC announced Wednesday it will issue a dividend of $18 million to more than 17,000 policyholders in Maine in November.

Lincoln mill to continue operating through bankruptcy auction

The Lincoln paper mill that filed for Chapter 11 bankruptcy Monday has lined up an initial bidder and will continue operations under a $2.3 million credit extension, the Bangor Daily News reported...

Historic rainfall in Portland slowed shoppers Wednesday

Paul Koenig |

An historic rainfall in Portland flooded low-lying city streets Wednesday morning, making for a slower shopping day for some retailers on Commercial Street.