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The funds will assist the company finalize its equipment purchases and installation and begin operations for its molded-fiber manufacturing operation.
The Kittery shipyard has been removed from the U.S. Environmental Protection Agency’s national priorities list of contaminated Superfund sites, after 30 years of hazardous waste cleanup.
Mainebiz talks with Toby Ahrens, an entrepreneur whose market is expanding like — well, like a buckwheat puff.
Bath Iron Works has appointed Eric Masna as vice president of supply chain and quality.
Moving the roastery from Rockland will be bittersweet, but the Rockport location will allow operations to be laid out more rationally, with room for growth. The Rock City Cafe's Rockland location will stay where it is.
Out of 19 million square feet in Greater Portland industrial space, only 125,000 square feet is vacant.
From 1959 until 1981, Saco Tannery Corp. disposed of 23 million gallons of toxic waste. Remediation since the 1983 Superfund listing is followed by five-year reviews.
Ellsworth saw a substantial uptick in 2023, with investment of $85.5 million into 570,000 square feet of projects that spanned new builds, expansions, improvements and renovations.
Both companies have launched first-in-the-U.S. products, and are now looking to scale up.
Two Maine manufacturers and two contractors have been recognized with the 2023 Governor’s Awards for Business Excellence in four categories.
A Wall Street banker struggling to find skin care products without toxic chemicals created her own formula. Products are in stores such as Whole Foods and Sea Bags, with sales in the six figures.
The Androscoggin Mill closed last year after a tumultuous recent history that included a devastating explosion and a series of layoffs.
Seaweed and waffles. Startups and longtime businesses. Participants are a diverse group but have a similar aim: to develop their skills and grow their companies.
The agreement covers the next 27 months, “long enough to capture this year’s playoffs and the next two full seasons,” Sea Bags CEO Don Oakes told Mainebiz.
A public health nonprofit has analyzed data recently submitted to the state to identify PFAS-containing products from 41 companies. Information on other products is expected to be submitted in the year ahead.
In 2022, Hinckley Yachts saw record orders, retrofits and new builds, the launch of its first luxury hybrid model — but also a squeezed labor market.
As Mainebiz reported first, 74,000 of the state's residents may have had personal data stolen in a cyberattack against mortgage lender LoanDepot. Nationwide, the attack has threatened nearly 17 million people.
The FBI has warned that the ransomware gang allegedly behind the attack already compromised data of over 1,000 businesses and government entities and received nearly $300 million in extorted payments.
Last April, an unrelated ransomware attack against Harvard Pilgrim Health Care jeopardized the personal information of its 1.1 million insurance plan members, including roughly 75,000 Mainers.
For consumers who have been affected by the data breaches, LoanDepot, Harvard Pilgrim and other businesses have offered free credit monitoring and identity protection services.