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Cate Street Capital plans to move away from torrefied wood pellet technology it licensed through subsidiary Thermogen in 2011 in favor of a more expensive facility it said could more than triple its production of wood pellets at a former pap
The owner of hydropower dams supplying East Millinocket’s Great Northern Paper mill with discounted electricity expressed opposition Wednesday to a bill that would allow mill owner Cate Street Capital to sell that hydropower back to the grid when
A new law allowing businesses to raise up to $1 million by selling small amounts of equity to investors took effect Monday, according to the
The Maine Office of Securities has ordered a Brunswick-based construction company to stop soliciting investors to buy unregistered securities.
Internal Revenue Service agents last year raided the Saco law offices of attorney Gary Prolman to investigate whether he laundered money for a client convicted last year of operating a large multi-state marijuana-smuggling operation.
The U.S. Army Corps of Engineers has approved funding to dredge the Royal River in Yarmouth, clearing a channel for commercial and recreational vessels.
The Maine Supreme Judicial Court ruled state regulators were wrong to approve a joint venture between electricity distributor Emera Maine and wind power developer First Wind.
A federal report found communities near Acadia National Park lost an estimated $16.2 million during the government shutdown last October, the third-largest estimated loss for national parks in the country.
A state-commissioned study concluded that Maine customers could save more than $120 million per year on their electric bills if natural gas prices in the region are brought in line with prices in other Northeast states.
Gov. Paul LePage’s administration has submitted a bill to scrap ambitious wind energy production goals approved during former Gov. John Baldacci’s administration, saying the power generation goals are unrealistic and don’t help the state.
State officials plan to expand Portland’s shipping-container terminal, doubling its size and providing a direct link to a Pan Am rail line, which stands to lower shipping costs for commercial customers.
The Maine Supreme Judicial Court upheld a Washington County jury verdict that found the Hampden-based security company Vescom violated Maine’s Whistleblower’s Protection Act in firing an employee who reported a security violation to former G
A federal investigation found that Gov. Paul LePage and officials from the Maine Department of Labor intervened in unemployment hearings and acted with “what could be perceived as bias toward employers.”
The start of Maine’s 10-week elver season could be delayed by two weeks or more as the state works to resolve an ongoing dispute over licensing authority with the Passamaquoddy tribe.
Democratic U.S. Rep. Chellie Pingree is leading a national effort against the proposed merger of cable and Internet giants Comcast and Time Warner with a petition asking the U.S. Attorney General to block the deal.
State lawmakers have started hearings on a supplemental budget, which Gov. Paul LePage declined to draft because the Legislature rejected his two-year proposal.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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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