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The ship will be named after Cpl. Kyle Carpenter, who received the Medal of Honor in 2014 after shielding a fellow Marine from a grenade blast in Afghanistan.
Southworth International Group Inc. has acquired a German company that manufactures engineered industrial lifting equipment.
Sappi has 780 employees at the Somerset Mill and another 400 at sites in Westbrook and Portland.
Modular and panelized construction is trending up, providing greater certainty around timelines, replicable design details and efficiencies, and making it easier to train and retain employees.
The combined company will employ more than 1,200 people across 34 retail locations in Maine and New Hampshire, according to the Belgrade-based buyer.
"Caffeine just got way cooler" is the tagline of Chuh, a new matcha latte brand with Maine roots being sold online and at select stores in the state.
Bristol Seafood, a well-known presence on the Portland waterfront, will be acquired by Mark Foods, a seafood importer, processor and marketer based in the Big Apple.
The vessel, which Rockport Marine expects to complete this fall, has been years in the making and positions the boatyard to better take on European rivals.
LD 1951 extends tax credits to both a potato processing facility in Washburn and a new potato chip plant under construction in Limestone.
Newcastle-based Singing Pastures plans to use its $25,000 prize money to fund a new website ahead of a rebrand and expansion.
The competitive grant program is designed to help businesses fund a single capital purchase — such as equipment, technology or facility upgrades — that will help drive expansion, increase production or enhance market reach.
In Trenton, Hinckley turns out 35 boats per year. The larger labor market around Topsham brought 10 hires so far, with more expected.
Nearly 1,200 workers in the state’s coastal communities were laid off in 2024, largely in the retail, food service and manufacturing sectors.
Building a talent pipeline is among the top priorities for the new executive director of the Manufacturers Association of Maine.
Mölnlycke Health Care, based at Brunswick Landing for more than a decade, is working with Portland-based SMRT Architects & Engineers on adding more space and production lines.
The Madison-based manufacturer said it plans to ramp up production with recently improved products and build out its sales force across the Northeast and mid-Atlantic regions.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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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.
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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.
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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