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BIW: Renewal of tax credit program essential to 'our future'

Bath Iron Works is asking Maine lawmakers to renew a tax break due to expire at the end of 2018, stating that the yearly tax credit of up to $3.5 million it's been receiving since the late 1990s is...

BIW bidding on $19B Navy contract involving new class of frigates

Bath Iron Works is one of six companies to bid on a multi-billion-dollar contract to build Navy frigates.

Eastport boatbuilder required to auction boat molds

A settlement agreement between the boatbuilding firm Millennium Marine USA and the Washington County government includes auctioning off four boat molds used by the company.

Portsmouth Naval Shipyard looking to fill 800 new jobs in 2018


The Portsmouth Naval Shipyard hopes a job fair on Tuesday will help fill 160 positions created by an increasing workload that is expected to add as many as 800 jobs in fiscal year 2018, which would...

Maker of high-end outdoor furniture building manufacturing plant in Saco's business park

Laurie Schreiber |

Sam and Rebecca Butler, who founded Richardson Allen in 1982, closed a deal on Oct. 2 to buy a lot in Saco's Mill Brook Business Park on which they are building a manufacturing plant to make high-end...

FY 2018 defense budget with big wins for Maine passes key hurdle


U.S. Sen. Angus King, I-Maine, a member of the Senate Armed Services Committee, announced that the House-Senate conference committee's bicameral agreement on the National Defense Authorization Act...

Maine-invented machine could boost marijuana industry

A mechanical “bud tugger” reduces the amount of time it takes to trim marijuana plants from hours to minutes. The innovation is seen as having a strong potential market among growers of...

DowDuPont completes purchase of FMC plant in Rockland

DowDuPont now owns the FMC Corp.'s waterfront carrageenan plant that is Rockland's largest taxpayer.

Manufacturers Association of Maine recognized for 'defense diversification' program


A pilot program launched by the Manufacturers Association of Maine to help defense contractors find new opportunities during federal defense budget cuts has received the “Program of the Year...

Is Maine open for business? A resounding 'yes' from Mainebiz CEO forum

Renee Cordes |

The state of Maine absolutely is open for business. That's the resounding message from a panel of executives speaking at Wednesday's Mainebiz CEO Breakfast Forum in South Portland.