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A recent acquisition of a Utah manufacturer will be the eighth company in the Precinmac portfolio. The business complements an acquisition last fall of an Indiana company.
More than 1,000 people have worked on the ship since the Bath shipbuilder first cut steel. BIW is one of only two builders of the Navy's Burke destroyers.
The president and co-founder of a South Portland-based axe maker says the company is at the "go big or go home point" in development.
Sheridan Corp. has been named GC for the $1.3 million build-out of the new Winslow manufacturing site for Maine Crisp Co., a maker of gluten-free snacks. Plus, more updates from Maine's construction industry.
Brahms Mount, most of whose products are made from cotton, is now owned by a blanket maker whose products are wool. The buyer plans to retain all Maine employees.
Over 100 sugarhouses opened their doors over Maine Maple Sunday Weekend, drawing thousands of people to see, smell and taste the work of the country's third-largest maple industry.
State agencies and local businesses are stepping up to help Penobscot McCrum and its 138 employees, following a fire Thursday that gutted the potato processing plant in Belfast.
Union workers at Sappi ratified a new three-year contract that called for higher wages, lump sum payments and enhanced retirement benefits.
The new, four-year contract for 680 members of the Bath Marine Draftsmen’s Association calls for wage increases and other benefits.
Research labs in Bar Harbor were among the biggest grantees. Others included a Biddeford biotechnology start-up and a Bangor provider of services for Wabanaki people.
The annual awards recognize commercial and nonprofit leaders for exceptional contributions to Maine and Maine's economy. The 2022 recipients represent an array of industries and regions — from housing to handbags, from Portland to Skowhegan.
Six award alumni share advice they would give their younger selves, leadership lessons from the pandemic and what they see as Maine's biggest economic challenge or opportunity.
2022 Mainebiz Business Leaders of the Year: The Small Business and Entrepreneur Leader of the Year, Lambke has built Maine Grains from a local grist mill into a community around grain and related products, energizing downtown Skowhegan and the
2022 Mainebiz Business Leaders of the Year: The Large Company Business Leader of the Year, Oakes has served as CEO of Sea Bags since 2013. Under his watch, the maker of totes and accessories from recycled sails has doubled down on growth, despite
The funding will allow the Kittery-based shipyard to work on more advanced Navy submarines — and keep working going well into the future.
Like the Inc. 5000, the regional rankings are based on each company’s revenue growth, as a percentage, over a three-year period. On average, the companies in the Northeast had a growth rate of 208%.
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.
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.
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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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