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Sugarloaf real estate agency sees 17% sales rise

Sugarloaf’s official real estate agency on Monday reported a 17% increase for sales in Carrabassett Valley last year.

United Insurance acquires Farmington agency

Falmouth-based United Insurance has acquired an insurance agency in Farmington.Shiretown Agency will retain its six employees and...

New owner plans to reopen Oxford Dragway

After 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 agency

Norton 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 layoffs

UPM-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 NewPage

Verso 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 $223M

Jay 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 merger

Verso 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 closes

Trask Jewelers in Farmington has closed after operating for 159 years.The