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The Montreal, Maine and Atlantic Railway has filed for protection from creditors in Maine and Canada, just 33 days after one of its oil trains careened unattended through the Quebec town of Lac-Mégantic and derailed, killing 47 people.
The U.S. Navy has nixed plans to repair a nuclear submarine damaged by arson at the Portsmouth Naval Shipyard in Kittery, citing repair costs that exceeded estimates and federal budget cuts.
WEX Inc., the South Portland-based international provider of corporate payment services, has put plans for a new headquarters on hold.
The Maine Department of Environmental Protection has denied a permit to Champlain Wind LLC, a First Wind subsidiary, for a 16-turbine wind power project at Bowers Mountain in Carroll Plantation.
Facing federal funding cuts, some local housing agencies are asking landlords to lower their rent for low-income Section 8 tenants, many of whom are seeing the value of housing vouchers reduced this year.
The state’s Bureau of Insurance has released a side-by-side comparison of two plans it wants to allow on a state
The Army Corps of Engineers has awarded a $9.2 million contract to the Massachusetts-based Cashman Dredging and Marine Contracting Co. to dredge Portland Harbor.
The towns of Brownville and Milo are the hardest hit by layoffs at the Hermon-based Montreal, Maine and Atlantic Railway, as the towns hold a junction and a repair yard that are both critical to the rail line’s operation.
Bath Iron Works has plans for a new outfitting building it says will help the General Dynamics subsidiary reduce building costs and stay competitive for Navy contracts.
With the Legislature in summer adjournment, Gov. Paul LePage could bask in the sunny news of the state ending its fiscal year with a revenue surplus, but a recent poll places storm clouds on the horizon of his 2014 reelection bid.
Scott Colton realized the recent arrival of compressed natural gas in northern Maine presented plenty of opportunities for his employer, K-Pel Industries, a Fort Fairfield-based welding, fabrication and machine shop.
Fifteen-minute office visits. Doctors as paid employees of large hospitals and health plans, their services marketed as commodities. Medical decisions challenged by non-physicians seeking to cut costs.
In 2010, as an undergraduate student at the University of Maine in Orono, Sheraz Najum was torn between two career paths: electrical engineering or computer engineering.
Churchill Downs Inc., the new owner of the Oxford Casino, said it plans to invest nearly $3.2 million to expand the casino’s gaming floor.
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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