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Hemant Pendse operates in a nexus of innovation that ties forestry to high-tech industry. His lab developed a way to extract sugars from wood pulp that could be used to create a renewable jet fuel.
A Bangor-based consortium investigating the possibility of making environmentally safe and sustainable plastics from potatoes and wood chips is asking Maine's congressional delegation to find $1.25 million in federal appropriations that could help
The Mount Desert Island Biological Laboratory will construct a $4.5 million wing that will add nearly 7,000 square feet of research space to its Salisbury Cove campus in Bar Harbor.
Two young entrepreneurs with an eclectic background in laser technology, marine engineering and sediment analysis have won a couple of startup grants to devise a new tool to help fish farmers.
A chemist from Waterville and the University of Maine have begun commercializing an innovative green technology that could help increase the efficiency and quality of papermaking here and abroad.
Idexx Laboratories saw its net income increase by about $6 million in 2009, according to year-end financial reports released Friday.
The University of Maine in Orono has won a $12.5 million stimulus grant to build a new laboratory at its composites center that will be the first facility of its kind in the United States.
Putney Inc., a pet pharmaceutical company in Portland, recently closed a round of investment funding that will allow the company to double revenue, its number of employees and its product line.
As the battle between Idexx Laboratories and Pike Industries in Westbrook wages on, the two local heavyweights have unleashed their latest weapon: economic impact studies.
Researchers at the Shoals Marine Laboratory on Appledore Island, one of nine islands in the archipelago chain six miles off the coast of Maine, are pursuing the use of genetics to better understand the stability of fish populations.
The Jackson Laboratory, which earlier this year cut dozens of jobs, is planning to hire 50 workers.
Idexx Laboratories today announced a 22.7% increase in its net income, driven in part by growth of its business in Asia.
The Jackson Laboratory, Hancock County's largest employer, is considering building a new laboratory in southwest Florida because of that state's investment in a biomedical research cluster.
The Mount Desert Island Biological Laboratory has won nearly $4 million through the stimulus act to build a new lab building on its Salisbury Cove campus.
The federal government is providing nearly $2 million to expand and develop three Maine business parks in Portland, Westbrook and Pittsfield.
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.
The 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.
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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