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The Maine Technology Institute Board of Directors recently awarded $411,268 in new seed grants to startups around Maine.
The Jackson Laboratory is looking to expand by buying the former Lowe’s store in Ellsworth, which it will use for production, warehousing and administrative work.
It took five years, but Jean Hoffman has finally reached the point in the development of Putney Inc., her generic pet medication company, where looking for money can take a back seat to developing talent.
The country's economy has been in a recession for the last several years, but you wouldn't know it by looking at the amount of money people are spending on their pets.
Those seeking locally grown advances in agriculture haven't “zein” anything yet.
Connecticut’s State Bond Commission has approved $291 million in borrowing over the next decade for The Jackson Laboratory’s proposed research laboratory
Revenues rose 8% in the fourth quarter at Idexx Laboratories in Westbrook, reaching $307.2 million, the company reported Friday.
Bar Harbor-based Jackson Laboratory and Connecticut officials have finalized an agreement that gives the biotechnology nonprofit $291 million in state funding to open a new research center in Farmington, Conn.
The National Science Foundation has awarded the Bigelow Laboratory for Ocean Sciences more than $600,000 for oceanography research.
Idexx Laboratories has acquired the research and diagnostic laboratory business of the University of Missouri's College of Veterinary Medicine for $43 million.
The Connecticut Legislature Wednesday night approved $291 million in bond funding to build a new $1 billion Jackson Laboratory research center.
Third-quarter revenues at Idexx Laboratories Inc. in Westbrook rose 12% compared with the same quarter last year, the company reported Friday.
Since arriving at Bigelow Laboratory in 2008, Graham Shimmield has been trying to bring more attention to the remote research lab tucked away by the sea at the end of a bucolic peninsula.
Putney Inc., a pet pharmaceutical company in Portland, has closed a $21 million financing deal to develop its generic veterinary drugs, bolster sales and marketing and address operational and working capital needs.
Following on the heels of a $25 million federal grant, The Jackson Laboratory recently announced it will receive a $33 million grant for three gene-research projects.
The Jackson Laboratory is partnering with the University of Connecticut to build a $1.1 billion lab at the university's health center in Farmington, Conn.
U.S. retail sales continued to grow in May but not at the pace of previous months, the National Retail Federation reported last week.
Total retail sales, excluding automobiles and gasoline, were up 0.49% seasonally adjusted month over month and up 4.44% unadjusted year over year in May, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. That compared with increases of 0.72% month over month and 6.76% year over year in April.
Sales of digital products were up last month (by 1.81%), but sales of general merchandise and clothing and accessories were flat.
Declines were reported for electronics and appliances (by 1.98%), furniture and home furnishings (0.24%) and building and garden supply stores (2.3%).
“While momentum remains, the nature of consumer spending is shifting as economic uncertainty increases. Consumer fundamentals haven’t been damaged yet, and a slowing-but-still-growing job market is supporting household priorities ahead of any meaningful price increases in the coming months," said Matthew Shay, president and CEO of the National Retail Federation.
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Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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