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Guest columnist Derek Volk, CEO of Volk Packaging Corp., writes that Maine companies are saddled with high costs, greater tax burden and more regulations than more competitive states.
Attorney General Aaron Frey has filed a lawsuit against the company and its successors, claiming Monsanto illegally contaminated Maine wetlands, streams and rivers with the toxic chemicals.
Development of the former mill, which had an industrial explosion in 2020 and closed last year, will focus on businesses looking to be near forest resources. About 1 million square feet of industrial space will be available.
The promotional products distributor announced the acquisition of California-based 02 Marketing +Design for an undisclosed amount.
The addition of the machine shop will help Howell Laboratories expand its footprint in Navy shipbuilding, the company says. With the purchase, it now employs 70 people.
A new 85,000-square-foot facility will combine manufacturing, administration and inventory, which is now split up between several leases.
Tempshield, a Trenton-based maker of cryogenic gloves and other protective gear, is among the winners of the Maine International Trade Center's 2024 International Trade and Investment Awards.
If options in the contract are fully executed and funded, the agreement could be worth $343.7 million and run through 2029, Bath Iron Works said.
After sales fell last year, the Freeport-based company has cut its performance bonus from 13.5% of annual pay to 9%.
The listing went live this week and has already garnered inquiries from owner-users and investors. Robbins Lumber acquired the plant last year from Pleasant River Lumber Co.
Under the direction of this 2024 Business Leader of the Year, the food business incubator and shared manufacturing and processing facility, moved to a large facility and is on track to enroll 100 members by June.
A 2024 Business Leader of the Year, Melissa LaCasse, secured $3.2 million in pre-seed funding and used her skills in distribution, business development and strategic planning to position Tanbark for success.
Anker, one of the 2024 Business Leaders of the Year, is overseeing a $2 million expansion at the company’s solar-powered facility in Hiram. The maker of small-batch granola, trail mixes, roasted nuts and cereals has nationwide aspirations.
The 2024 Business Leaders of the Year include the two founders of TimberHP, which is bringing a new form of building insulation to the United States and in the process, creating jobs and a healthier planet.
For its 30th anniversary, Mainebiz looks back at the business climate in 1994, including some businesses that have grown since then.
Some of the best quotes from the 2024 Mainebiz Business Leaders of the Year.