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Maibec sells Masardis, St. Pamphile mills to another Quebec company

Staff |

Aroostook County's largest sawmill has been sold to a new Canadian owner, Groupe Lebel of Riviere-du-Loup, Quebec. Terms of the acquisition were not disclosed.

Portland area industrial real estate sales are hot, but large leased space goes empty

Maureen Milliken |

There are multiple offers on large industrial buildings, as price-per-square-foot rises, but large space for lease is getting a lot of bites.

Here's what's in store for Maine in 2019 defense spending bill

Staff |

U.S. Sen. Angus King, I-Maine, a member of the Senate Armed Services Committee, reported Tuesday that the bill authorizing defense spending for 2019 was reported out of a conference committee with a...

Entrepreneurs start coffee-roasting business on Monhegan

Year-round Monhegan Island residents Carley Mayhew and Mott Feibusch started production at Monhegan Coffee Roasters in June, adding a new business to the island's economy.

Washburn & Doughty shipyard lands $600K federal grant

Staff |

Washburn & Doughty Associates Inc. of East Boothbay has been awarded $618,750 through the U.S. Department of Transportation's MARAD Small Shipyard Grant Program to purchase and install a new lathe...

Front Street Shipyard to add up to 40 jobs as result of $667K federal grant

James McCarthy |

Front Street Shipyard expects to add up to 40 new jobs as a result of a $667,028 federal grant that will help fund its purchase and installation of a new waterjet cutting machine that will streamline...

Verso to upgrade Jay mill for specialty papermaking

Staff |

Verso Corp., which stands to receive up to $42 million in a trade dispute settlement with Canadian paper companies approved by the U.S. Department of Commerce earlier this month, is planning to ramp...

BIW, Round Pond firm to pay $447K in EPA settlements

Bath Iron Works and a manufacturer in Round Pound must pay nearly $500,000 in civil penalties to settle federal complaints that they failed to file required reports about their use of toxic chemicals.

Former UTC warehouse sold in Pittsfield

The 144,000-square-foot building was most recently home to the town's largest employer, which closed in 2015.

Verso stands to gain $42M in deal OK'd by Department of Commerce

Staff |

Verso Corp. (NYSE: VRS), which operates a 400-employee paper mill in Jay, could receive up to $42 million from an agreement with Canadian paper producers, after the Department of Commerce granted...