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BIW president says ‘pulling together’ is key to shipyard’s success

Bath Iron Works President Dirk Lesko is seeking to collaborate more with workers to keep the General Dynamics-owned shipyard competitive in the industry.

Hyperlite Mountain Gear raises $1.1M in early stage venture capital


Hyperlite Mountain Gear, the Biddeford-based manufacturer of 100% USA-made ultralight outdoor equipment, announced it has completed a $1.1 million early series round of financing.

Gelato Fiasco scoops up two new hires for growing management team

Renee Cordes |

Fast-growing Brunswick frozen-dessert maker Gelato Fiasco Inc. has added to its management team with two new hires and CEO Joshua Davis is promising there's more to come.

Southport Boats move helping to fill former Associated Grocers of Maine warehouse


Southport Boats' lease of 70,056 square feet in a Gardiner warehouse once owned by Associated Grocers of Maine has helped to nearly fill the sprawling space on River Avenue. The move into the...

With larger facility, Southport Boats plans to double production

After relocating from Augusta into a much-large vacant warehouse in South Gardiner at the end of 2017, Southport Boats is anticipating it will be able to almost double its production of fiberglass...

Bill provides $60M in tax incentives for BIW over 20 years

A bill that would create up to $60 million in tax incentives for Bath Iron Works over 20 years is linked to shipyard owner General Dynamics Corp. continuing to make “major investments in...

Zildjian Cymbals moving jobs from Illinois to its factory in Newport

Avendis Zildjian Co. of Massachusetts has purchased the Illinois-based Mike Balter Mallet Co. and will move its production into the Newport factory of Vic Firth Co., another Zildjian-owned company.

Rhode Island company buys Boothbay Harbor Shipyard

Laurie Schreiber |

Rhode Island-based Bristol Marine has acquired the Boothbay Harbor Shipyard. Located at the head of Boothbay Harbor, the shipyard joins Bristol Marine's other locations in Bristol, R.I., and...

STARC doubles manufacturing space at Brunswick Landing

STARC Systems moved out of TechPlace at Brunswick Landing and into a 16,000-square-foot building down the street adjacent to Brunswick Executive Airport. The building at 166 Orion St., which...

Four Maine-based executives weigh in on key sectors of state's economy

Renee Cordes |

With the new year upon us, Mainebiz interviewed four executives to get a short-term outlook for their Maine-based businesses and industries: construction, banking, seafood and...