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With STEM jobs projected to increase 10.5% from 2020 to 2030, Maine schools are training the next wave of science, tech, engineering and math workers.
Two Maine medical technology businesses have recently been acquired by out-of-state companies in separate deals. Terms have not been disclosed.
The company has been investing in the gradual expansion of its manufacturing capacity for cattle health products, and the investments are starting to pay off, according to President and CEO Michael Brigham.
The Westbrook-based company said it has significantly scaled back operations in Russia and suspended shipment and sales of veterinary diagnostic equipment there.
FocusMaine, which seeks to spur job creation by investing in key industries, said President Kimberly Hamilton will step down July 1.
The Roux Institute has a bold, 20-year plan to create a new education and research center and business incubator on the site of the former B&M Baked Bean factory. Not everyone is pleased about the project, however.
Research labs in Bar Harbor were among the biggest grantees. Others included a Biddeford biotechnology start-up and a Bangor provider of services for Wabanaki people.
Six award alumni share advice they would give their younger selves, leadership lessons from the pandemic and what they see as Maine's biggest economic challenge or opportunity.
Over the past four years, partnerships have created 800 jobs, supported over 160 companies, attracted new funding and engaged over 2,100 interns.
The lab is proposed to expand UMaine’s Advanced Structures and Composites Center and support advanced technologies such as artificial intelligence, high-performance computing and arrays of large 3D printers.
The teams are hoping to commercialize a wide range of innovations, from 3D-printed fish tags and aquaculture tank inserts to computer-aided mammography and software for wheelchair navigation.
The maker of preventive health products for beef and dairy cattle also shrank its net loss for 2021.
The longer of the two prototype vessels is the largest 3D-printed object in the world. They’re capable of transporting two shipping containers and a Marine rifle squad with three days of supplies.
The region is home to over 60 life science and technology entities. The goal is to spark more collaboration, innovation and economic development.
JAX says rezoning would provide for denser development in the lab’s core rather than sprawl to the boundaries, and would provide short-term housing flexibility.
Over the last five years, research and development expenditures at UMaine have grown 80.2%, helping the school achieve designation as a top-tier research university.