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The longer of the two prototype vessels is the largest 3D-printed object in the world. They’re capable of transporting two shipping containers and a Marine rifle squad with three days of supplies.
Casco Bay Lines is one of the first passenger ferry systems in North America to implement the technology. Electric propulsion is expected to eliminate exhaust fumes, excessive engine noise and vibrations.
Hiram-based GrandyOats has changed its name to Grandy Organics, which is now run by CEO Aaron Anker after buying out long-time partner and COO Nat Peirce.
Hussey said the sale was necessary due to double-digit growth of sales in telescopic platforms, telescopic bleachers and fixed seating products during 2020 and 2021.
The portfolio comprises 50 single-tenant properties, spanning 27 states and 40 markets, in a wide variety of geographies and industries.
Rancourt & Co., a third-generation cobbling business, supplied the U.S. Winter Olympic team competing in Beijing. Back home, the company is getting creative to market itself in a new way.
The expansion provides ORPC Inc. with a second Maine product development site, complementing a similar facility in Eastport.
Over the last five years, research and development expenditures at UMaine have grown 80.2%, helping the school achieve designation as a top-tier research university.
Last month's Outdoor Retailer Snow Show brought back some attendance from pre-pandemic levels, as well as visibility for Maine Outdoor Brands and five of its member businesses.
A public-private program has been supporting redevelopment projects for the next generation of forest products. With the new money, funding now totals $1.2 million.
Two Maine food entrepreneurs will kick off the new season of the TV business-pitch series on March 24. A total of 10 contestants are in the running.
The Hews Co., a truck body and equipment manufacturer, named two family members to new senior roles in the 95-year-old business.
M&A advisors forecast a busy dealmaking year for Maine companies in a variety of sectors.
The goal is to cultivate new audiences through digital avenues, such as an online education series based on WoodenBoat School classes, and a membership website.
Businesses in this York County city now include high-tech manufacturers for biotechnology and life sciences, precision manufacturers, and service providers in health care, information technology and engineered materials.
Maine Scale, which sells and calibrates scales for a broad range of industries, acquired MaineCal, a laboratory equipment repair and calibration company in a move to expand its services.