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Wood turning company sold, new owners to expand markets

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Wells Wood Turning and Finishing, one of the few remaining and larger wood-turning companies in Maine, has been sold to Turning Acquisitions, which plans to keep on employees and expand into new...

Asbestos removal at former Lincoln mill carries a heavy tab

A study of the former Lincoln Paper and Tissue Mill and surrounding property pegs the cost of removing asbestos at the closed mill at $12.4 million.

A major defense bill would have far-reaching impact in Maine


The 2017 National Defense Authorization Act, hammered out this week by the House and Senate Armed Service committees and facing an upcoming vote, contains several provisions that are likely to...

Aging Mainers aren’t alone in working longer

Maine’s aging workforce can be viewed a selling point or a drawback, depending on the perspective.

Millennium Marine lawsuit claims lost sales

Millennium Marine, the boatbuilding company in Eastport, is seeking $226,662 in damages and also claims to have suffered losses of $430,000 because of defaults by the city and county, including...

Topsham firm joins Maine's growing ESOP movement

Morningstar Stone and Tile, a stone counter-top fabricator located in Topsham, announced Monday that it has established an employee stock ownership plan and is now 30% owned by its employees.

It's official: Boatbuilders show to move in '17

The Maine Boatbuilders Show has announced it will move from its long-time site at 58 Fore St. in Portland to the Portland Sports Complex, at 512 Warren Ave., for its 2017 show.

Trump's Navy fleet plan could boost Bath Iron Works

Bath Iron Works could benefit from President-elect Donald Trump's plan to increase the number of ships in the U.S. Navy to 350, an 80-ship increase from the current size of the Navy's fleet.

Maine Oxy announces merger with Presque Isle company

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Maine Oxy, the Auburn-based supplier of welding supplies, industrial and specialty gases, announced that it has merged with Lynox Welding Supply & Cleaning Systems of Presque Isle.

BIW president announces retirement, new head named

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General Dynamics announced Monday that Frederick J. Harris, the president of Bath Iron Works for the past three years, will retire as the head of the shipyard and the San Diego-based General Dynamics...