Brooklin Boat Yard's former finance manager pleads guilty to embezzlement

Former Brooklin Boat Yard CFO Steven Nygren pleaded guilty on Tuesday in U.S. District Court in Bangor to charges of bank fraud, credit card fraud and tax evasion.

Flowfold teams with nonprofit to support training of immigrant women

Flowfold, an expanding outdoor brand focused on minimalist gear for everyday adventures, partnered with Women United Around The World to sell one-of-a-kind handbags to raise awareness and money for...

Sew American: New Mainers help power American Roots, a Portland textile start-up

Thread, bobbin, sewing machine. Besides learning English in their new homeland, they've had to master the lexicon and skills for their work at Portland textile start-up. Dressed in...

Maine Food Insider: Gelato Fiasco raises money to expand

With hot summer months around the corner, Gelato Fiasco Inc. of Brunswick plans to expand its shops, employees and revenue after raising a little over half of a $1 million equity offering.

Netherlands company acquires South Portland's Grow-Tech

Anania & Associates Investment Co. announced today that it has sold Grow-Tech LLC, one of its portfolio companies, to the Netherlands-based floricultural company Dümmen Orange for an undisclosed...

Auction set for former Madison paper mill equipment

New Mill Capital Holdings, in partnership with Perry Videx and Infinity Asset Solutions, will hold a three-day online sale for more than 3,000 pieces of paper mill equipment in Madison.

Sports apparel manufacturer plans to relocate to Farmington

A sports apparel manufacturer that has outgrown its space in the Franklin County town of Industry is looking to move into the former Skane LTD building in downtown Farmington.

UMaine, Lanco collaboration accelerates L.L.Bean tote production

L.L.Bean will be able to stitch tote bags in four to five seconds, thanks to a new automation machine created in a recent collaboration between the Advanced Manufacturing Center at the University of...