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NewPage plans to sell its only Maine mill

NewPage has reached an agreement to sell its only paper mill in Maine, along with a mill in Wisconsin, to Canada-based Catalyst Paper for $74 million.

Feds lend $10M to Front Street Shipyard

Front Street Shipyard in Belfast is receiving a $10 million loan from the federal government as it continues redevelopment efforts on the city’s waterfront.

Stonewall Kitchen gets new CEO, investor

James McCarthy |

Stonewall Kitchen, a nationally recognized manufacturing, retail and wholesale distribution company based in York, announced today that Centre Partners, a private equity firm with...

BIW lands $32.5M contract for stealth destroyer

The U.S. Navy has awarded a $32.5 million contract modification to Bath Iron Works for technical and industrial engineering work on the future USS Michael Monsoor, the second...

Owner of historic Maine canoe maker explains difficult decision to move out of state

Dylan Martin |

Lincoln Canoe and Kayak, one of the oldest canoe and kayak makers in the state, is moving out of its Freeport retail location by the end of the month and opening up shop in...

Pratt & Whitney gets $592M defense contract

Pratty & Whitney, a Connecticut-based defense contractor that has a facility in North Berwick, has been awarded a $592 million contract with the Pentagon to build fighter plane...

BIW reaching out to Bucksport workers

Bath Iron Works is sending recruiters to Verso Paper employees in Bucksport who are expected to lose their jobs later this year.

British firm to finish $1M Caribou expansion

Porvair, a British filter manufacturer, is expected to complete a nearly $1 million expansion this December for the Caribou manufacturing facility it purchased last year.

GNP bankruptcy case moves to Maine

The bankruptcy case of Great Northern Paper Co. is switching venues from Delaware to Maine after a federal judge last week made the ruling sought by several creditors.

Four businesses open in Ashland, support 200 jobs

State and local officials were in Ashland Thursday to celebrate the opening of four forestry-based companies that will result in the creation of around 200 jobs.