New owner plans to reopen Oxford DragwayAfter facing declining revenues and personnel issues last year, the Oxford Dragway in Oxford has been sold to a new owner and will reopen for the 2015 season. |
LePage calls Verso 'bottom feeders'Gov. Paul LePage said the chance of reopening the shuttered Bucksport mill is "little to none," calling Verso Paper "bottom feeders" just after the company won a court... |
Norton Insurance acquires Winthrop agencyNorton Insurance, based in Cumberland, has acquired an insurance agency in Winthrop, but the agency will not change its name or lose any employees as a result. |
Madison paper mill faces temporary layoffsUPM-Madison’s paper mill is cutting down production and laying off hourly workers for two weeks, attributing the move to energy costs, international competition and market... |
Verso completes $1.4B merger with NewPageVerso Paper Corp. has completed its $1.4 billion acquisition of NewPage, which sold its mills in Rumford and Biron, Wis., as a result of a settlement with federal antitrust... |
Verso’s Jay mill’s value to be reduced by $223MJay town officials have voted to lower the valuation of Verso Paper’s mill there by approximately $223 million, but the company said it should be even lower. |
Feds OK Verso-NewPage mergerVerso Paper Corp. has cleared a major hurdle in its bid to buy larger competitor NewPage for $1.4 billion after reaching a settlement with federal antitrust regulators, thus... |
159-year-old Farmington business closesTrask Jewelers in Farmington has closed after operating for 159 years.The |
Franklin County chamber names new leaderThe Franklin County Chamber of Commerce has named Penny Meservier as its new executive director. She begins on Jan. 2. |
Defense bill would boost Maine businessesThe 2015 Department of Defense budget passed by the U.S. Congress last week is expected to benefit Bath Iron Works, Pratt & Whitney and other Maine-based military... |