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August 22, 2016 Edition
Focus on Greater Bangor & Northern Maine

UMaine, Twin Rivers Paper 'cross-pollinate' R&D

James McCarthy

Twin Rivers Paper Co., a specialty paper company that announced in June it will invest $12 million to upgrade its Madawaska paper mill, is moving its research and development operations from Montreal to Orono.

  • Opinion
    Opinion

    If you’re reading this, you likely have more than one specialty

    I had an interesting conversation with another of Portland's new coffee purveyors. Vagabond Coffee is a food truck that frequently occupies a space on Middle Street. The owner, William “Liam” Hardy, bought a 1949 International Harvester van from an old-timer in Pennsylvania. He restored the truck, adding features like hardwood flooring in the truck bed, and then retrofitted it with coffee-making equipment.

  • So you’ve set up your ESOP. Now what?

    Lori Valigra

    Day 1 after the transition from a private or public company into an Employee Stock Ownership Plan, a company may not seem any different as far as day-to-day operations are concerned, but in the background, it isn't business as usual.

  • Don’t argue semantics: Prepare for changes in fishing, housing

    Lori Valigra

    At a recent Pierce Atwood event on the impact of climate change, an attendee posed a common question: whether the term climate change has hurt scientists and others trying to convince the public that ocean waters are warming and thus changing, and that coastal communities are at risk for flooding or disappearing altogether.

  • In Short
    In Short

    IN SHORT

    New hiresFirst National Bank hired Andrew Farrar as assistant branch manager at its Ellsworth branch. Farrar was previously an assistant store manager at TD Bank.

Today's Poll

Has the growth of remote work in recent years hurt the ability of your business to innovate?
Poll Description

Since the start of the pandemic, employees have come to expect hybrid schedules that allow them to work remotely.

Many employers, however, have pushed for a return to traditional, pre-COVID offices and workspaces.

Tension about where workers do their work heated up on Friday when the CEO of Nike, John Donahoe, blamed remote work for the company's recent lack of product innovation.

"It’s really hard to do bold, disruptive innovation, to develop a boldly disruptive shoe, on Zoom,” he said in an interview with CNBC.

The sportswear and sneaker giant has come under fire in the past couple of years for falling behind on innovation and losing market share.

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