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New owner of Rumford paper mill will retain workers, eyes investment

Staff |

ND Paper LLC, a wholly-owned subsidiary of Nine Dragons Paper Ltd., completed on Friday its acquisition of Catalyst Paper Corp.'s mills in Rumford and Biron, Wisc.

MDOT 'ready to dig in' on building freezer warehouse without Americold

Renee Cordes |

The Maine Department of Transportation will go ahead with plans to build a cold-storage warehouse in Portland without Americold Realty Trust (NYSE: COLD) as a partner, welcoming the chance to take a...

Lumber prices spike, driving up the cost of construction

Prices for wood to build and renovate houses have as much as doubled over the past six months due to supply chain factors that include dramatic price hikes in the cost of lumber.

Merger gives South Portland's Grow-Tech expanded global reach

James McCarthy |

Grow-Tech Inc., the South Portland-based producer of stabilized seeding and cutting media for professional horticulture, has merged with sister companies Quick Plug (located in Netherlands) and Omni...

China threatens tariff on Maine lobsters as trade war expands

Staff |

In response to President Trump's announcement on Friday of a 25% tariff on up to $50 billion worth of Chinese goods, China is threatening to impose new duties on a host of imported U.S. products,...

Hussey Seating: Manufacturers 'feeling the pain' of new tariffs

Staff |

Hussey Seating Co. in North Berwick today issued a statement urging the Trump administration to remove the tariffs imposed June 1 on Canadian steel and aluminum imports, saying price increases...

Yale Cordage wins Trade Day's 'Best in Show' honors for second straight year

Staff |

Yale Cordage, a Saco company that makes a wide range of specialty ropes for key industries such as mining and arboriculture, took home the “Best in Show” trophy at Trade Day 2018 for a...

Here's what you should know about new European Union data security law

Erin Benson, contributor |

Maine, like its New England neighbors, can boast some of the most stringent personal information security laws in the country. But the European Union's even stricter "General Data Protection...

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