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$3.6M awarded for Casco Bay Lines’ second diesel-electric hybrid ferry
February 16, 2022Casco 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.
February 16, 2022
Hiram granola maker rebrands, gets a single owner
February 15, 2022Hiram-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.
February 15, 2022
Hussey Seating sells off portable chair line to focus on other market segments
Updated: February 15, 2022Hussey 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.
Updated: February 15, 2022
Portland property is part of $525M national portfolio acquired by NYC developer
February 9, 2022The portfolio comprises 50 single-tenant properties, spanning 27 states and 40 markets, in a wide variety of geographies and industries.
February 9, 2022
Winter Olympics shoemaker in Lewiston launches crowdfunding campaign
February 9, 2022Rancourt & 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.
February 9, 2022
Portland-based renewable energy company to expand into Millinocket
February 7, 2022The expansion provides ORPC Inc. with a second Maine product development site, complementing a similar facility in Eastport.
February 7, 2022
UMaine climbs to highest tier of national research universities
February 7, 2022Over 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.
February 7, 2022
Emerging Maine outdoor retail brands shine at Denver trade show
February 4, 2022Last 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.
February 4, 2022
5 former mill towns share $120K in grant to redevelop forest-product facilities
February 4, 2022A 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.
February 4, 2022
10 startups to vie for 'Greenlight Maine' glory in Season 7
Updated: January 31, 2022Two 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.
Updated: January 31, 2022
South Portland family-owned company names fourth generation of leaders
January 27, 2022The Hews Co., a truck body and equipment manufacturer, named two family members to new senior roles in the 95-year-old business.
January 27, 2022
'Frothy' economy seen driving Maine M&A activity in 2022
Updated: January 28, 2022M&A advisors forecast a busy dealmaking year for Maine companies in a variety of sectors.
Updated: January 28, 2022
Q&A: New owners of WoodenBoat Publications detail their plans for the future
Updated: January 27, 2022The goal is to cultivate new audiences through digital avenues, such as an online education series based on WoodenBoat School classes, and a membership website.
Updated: January 27, 2022
Bullish on Sanford: Former mill town diversifies with a range of industries
Updated: January 24, 2022Businesses 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.
Updated: January 24, 2022Two weights and measures companies strike a big deal, however you size it up
January 18, 2022Maine 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.
January 18, 2022
Four Maine companies win national 2022 Good Food Awards
Updated: January 18, 2022Maine is well-represented among this year's winners with products ranging from craft beer to white chocolate "with a twist."
Updated: January 18, 2022
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