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Volk Packaging Corp. will host the Manufacturing CFO Forum on May 19 and 20.
Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.
While Jøtul USA Inc. started out as an importer of Norwegian woodstoves, today the stoves are built entirely in Gorham, where the company has 75 employees (of which 45 are on the manufacturing side).
At a Monday press conference in Portland, the leaders of several small local businesses shared stories of rising prices, supply shortages and cancelled orders resulting from President Trump’s unpredictable trade policies.
Being U.S. based means no tariffs, but also shorter lead times and fewer logistics headaches for customers, writes guest columnist Melissa LaCasse.
“In many cases Maine’s breweries have already seen costs rise as a result of the ongoing tariff negotiations,” Sarah Bryan, head of the Maine Brewers' Guild, told Mainebiz.
U.S. Rep. Chellie Pingree joined more than 80 of her House colleagues in calling for the Trump administration "to reverse its abrupt and harmful decision to eliminate federal funding for Manufacturing Extension Partnership."
The engine architecture allows the team to make significant changes to critical subsystems quickly and efficiently. “That’s key when you’re developing new propulsion technology.”
All 13 Flowfold employees, including its two founders, will stay with the company under the ownership of Tempshield LLC.
Mainebiz visits Brant & Cochran LLC, founded in 2015 by brothers Mark and Steve Ferguson with business partner Barry Worthing to make and restore hand-crafted axes.
The company, which makes high-performance wood fiber insulation, has filed a voluntary, pre-negotiated Chapter 11 reorganization plan in U.S. Bankruptcy Court in Delaware.
Maine leads the nation in seaweed farming; one million pounds of kelp were harvested last spring. Seaweed Week is the largest seaweed food and drink festival in North America.
RTS Packaging is owned by Sonoco Products Co., a South Carolina-based global manufacturer of paper and metal packaging.
Ben Davis, Mainebiz Entrepreneur of the Year, operates two related companies that operate under one roof in Woolwich.
Sappi's Paper Mill No. 2 in Skowhegan spans 800 feet and is equipped with nearly 2,000 instruments to manage its operations. By comparison, a Boeing 747 stretches 250 feet and operates with 400 control instruments.
Maine Wood Heat in Skowhegan produces commercial pizza ovens that can be seen at a number of breweries and restaurants around Maine and beyond.
Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month.
Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.
As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.
With so many people shut out of buying a home, we're curious what alternatives people are finding.
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.
Coming June 2025
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.
Coming June 2025
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