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While details are still skimpy, the hotelier says the new Hyatt Studios will be an extended-stay property with 122 rooms.
Heat pump installation is one of the state climate plan’s most significant milestones. Over 115,000 new high-efficiency heat pumps have been installed in Maine, surpassing the climate plan’s 2025 goal of 100,000 new heat pumps two years early.
If your 2024 plan has fallen between the cracks, focus on the budget, which reflects your company’s priorities, writes guest columnist Tove Rasmussen, a consultant.
C&L Aviation Group said it is refining part of its maintenance, repair and overhaul business in order "to better meet global market divisions." The change will result in the reduction of about 30 jobs in Bangor.
Kyle Taylor has been named assistant vice president and branch manager at the Presque Isle location.
The company that owns Maine's only professional baseball team may soon add another Boston Red Sox affiliate to its holdings.
The cost of generating electricity has gotten cheaper, and that change has been reflected in the default supply price for power, the Public Utilities Commission said.
Around Maine, hotels and restaurants are adopting the pandemic innovation as a seasonal staple, allowing customers to take in the wintry surroundings while enjoying cocktails and food.
Sponsored by: GoNetspeed, a fiber internet provider
Are you ready to party like it's ... 2019?
Four years ago, on the eve of the pandemic, 76% of companies in a national survey were planning corporate holiday parties. That was the most since 2016, according to the poll by global human resources consultancy Challenger, Gray & Christmas, which has been conducting the research annually since 2004.
In 2020, just 5% of companies gathered for the holidays at in-person galas. In 2021, as COVID vaccines were starting to become available, the percentage of partiers increased to 27%.
Last year, perhaps in a sign that the economy was approaching something like normal, the share of companies with holiday celebrations surged to 57%.
The home, which dates to 1920 and was refreshed this year, has views of Casco Bay from nearly every room. It has three bedrooms, three bathrooms, two primary suites, a "chef-inspired" kitchen and exterior features including a firepit and patio.
The Maine Economic Growth Council's annual "Measures of Growth" report offered a mixed review of Maine's economic performance compared to long-term goals.
Hearty Roots, a nonprofit that provides outdoor adventure and social-emotional programs for young people, has raised $500,000 toward a permanent campus, with a $250,00 initial match from the Peter Alfond Foundation.
In honor of Giving Tuesday, B Corp-certified Allagash Brewing Co. said it pledged $100,000 over five years to In Her Presence.
Officials project state revenues will surpass original forecasts through the end of the 2025 fiscal year. Gov. Janet Mills and the Maine Legislature will have to decide how to make use of the extra money.
The sale of VIP Tour & Charter, whose headquarters and motorcoach fleet have long been a fixture in Portland's Bayside neighborhood, comes as bus companies are still reeling from the impact of the pandemic.
Starting Jan. 1, most U.S. businesses will have to report information about their beneficial owners. Christopher Branson, a corporate lawyer at Murray Plumb & Murray, offers some suggestions about how to get your company ready.
The Maine Public Utilities Commission's Low-Income Assistance Program is partnering to encourage eligible Maine residents to apply for financial assistance with their electricity bills this winter.
Funding from the National Fish and Wildlife Foundation will help the state develop lobstering technology that eliminates the use of vertical lines, which can endanger North Atlantic right whales.
Tripp Harrison succeeds former president and CEO Richard J. Cantz, who served Goodwill for over 20 years in various roles.
Haley Ward's acquisition of Dario Designs is its fourth such deal in 13 months. During the transition, the Northborough, Mass., firm will be known to its clients as Dario Designs, a division of Haley Ward.
Real estate news around Maine includes a new apartment complex in Portland's Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.
The bank has appointed Kaleb Davis as branch relationship manager for its location in Brunswick, one of more than 50 branches across Maine, New Hampshire and Vermont.
Scot Draeger plans to take an active role in the organization and will serve on the nonprofit’s investment, finance and development committees.
The My Alfond Grant program, which invests $500 for the future education of each newborn Mainer, has now provided funds for more than 150,000 children.