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Purchase of Latin American shrimp company advances Cooke Inc.’s diversification strategy

Staff |

Cooke Inc., an aquaculture company based in New Brunswick that has salmon farms and hatcheries in Maine, has acquired Seajoy Seafood Corp. group, one of the largest vertically integrated premium...

Eastport conveyor system trial could lead to export deal

The first use of the Port of Eastport’s bulk conveyor system is expected this spring.

With trade tensions, what's next for Maine's global trade?

Peter Van Allen |

Last year was fraught with challenges for any company involved in international trade.

C&L Aviation Group opens office in Singapore

Staff |

C&L Aerospace, part of Bangor-based C&L Aviation Group, announced today it is opening a satellite office in Singapore to serve commercial and regional airline customers in Asia.

Shipping and distribution startup with Icelandic ties sets course for Portland

Renee Cordes |

Six years after Eimskip moved its U.S. headquarters to Portland, another company doing business between Iceland and North America aims to make its mark in Maine's largest city. The future newcomer is...

Leveraging niche market, Hodgdon splashes two tenders for European megayacht

Laurie Schreiber |

The launch of two new tenders for a superyacht under construction in Germany signals a thriving niche market — although one facing increasing competition — for the Damariscotta superyacht...

USM, businesses launch institute to strengthen economic ties across the North Atlantic

William Hall |

A new international consortium of universities and businesses could expand economic and educational ties between Maine and countries such as Iceland and Norway.

Tariff ruling protects 130 jobs and future growth of Sanford rug manufacturer

Staff |

Maine's congressional delegation announced Tuesday that Flemish Master Weavers, with 130 employees working at its 210,000-square-foot plant in Sanford, prevailed in its application for an exemption...

USM to launch North Atlantic partnership with goal of growing state's economy

Staff |

The University of Southern Maine will announce Thursday its intent to form the Maine North Atlantic Institute, a comprehensive economic and educational collaboration working with Maine businesses,...

Gov. LePage heads to Iceland to participate in Arctic Circle Assembly

Staff |

Gov. Paul R. LePage is leading a delegation of more than 40 Mainers to Reykjavik, Iceland, who will participate in the 2018 Arctic Circle Assembly, the largest network of international dialogue and...