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Biotechnology

  • Report: R&D lags without network

    Jim Kozubek March 22, 2010

    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.

    Jim Kozubek March 22, 2010
  • Potato plastics group pushes for R&D support

    Tom Weber March 18, 2010

    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

    Tom Weber March 18, 2010
  • MDI lab plans $4.5M expansion

    The Mainebiz News Staff March 16, 2010

    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.

    The Mainebiz News Staff March 16, 2010
  • New tech company counting on fish

    March 3, 2010

    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.

    March 3, 2010
  • UMaine, Waterville co. launch paper industry innovation

    Tom Weber February 10, 2010

    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.

    Tom Weber February 10, 2010
  • Idexx's income grows in 2009

    The Mainebiz News Staff February 1, 2010

    Idexx Laboratories saw its net income increase by about $6 million in 2009, according to year-end financial reports released Friday.

    The Mainebiz News Staff February 1, 2010
  • UMaine wins $12.5M for composites lab

    The Mainebiz News Staff January 7, 2010

    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.

    The Mainebiz News Staff January 7, 2010
  • Putney snags $6.7M capital

    The Mainebiz News Staff November 16, 2009

    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.

    The Mainebiz News Staff November 16, 2009
  • Mice and Men

    Jackie Farwell November 2, 2009

    Jackie Farwell November 2, 2009
  • Studies fortify Pike quarry battle

    October 26, 2009

    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.

    October 26, 2009
  • Dipping into fish genetics | Researchers at the Shoals Marine Laboratory on Appledore Island are pursuing the use of genetics to better understand the stability of fish populations

    Jim Kozubek October 26, 2009

    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.  

    Jim Kozubek October 26, 2009
  • JAX plans to add 50 jobs

    The Mainebiz News Staff October 22, 2009

    The Jackson Laboratory, which earlier this year cut dozens of jobs, is planning to hire 50 workers.

    The Mainebiz News Staff October 22, 2009
  • Idexx reports net income jump

    The Mainebiz News Staff October 22, 2009

    Idexx Laboratories today announced a 22.7% increase in its net income, driven in part by growth of its business in Asia.

    The Mainebiz News Staff October 22, 2009
  • Jackson Lab mulls expansion in Fla.

    The Mainebiz News Staff October 14, 2009

    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 Mainebiz News Staff October 14, 2009
  • $4M grant to fund new MDI Bio Lab facility

    The Mainebiz News Staff September 20, 2009

    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 Mainebiz News Staff September 20, 2009
  • Feds grant nearly $2M to Maine business parks

    The Mainebiz News Staff September 20, 2009

    The federal government is providing nearly $2 million to expand and develop three Maine business parks in Portland, Westbrook and Pittsfield.

    The Mainebiz News Staff September 20, 2009

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Today's Poll

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Poll Description

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.