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The investment follows the acquisition last year of a larger warehouse and distribution center in North Jay to accommodate growing demand.
The lab is proposed to expand UMaine’s Advanced Structures and Composites Center and support advanced technologies such as artificial intelligence, high-performance computing and arrays of large 3D printers.
When complete, the 1.4-megawatt array in Brewer is expected to offset 1,670,900 pounds of carbon annually.
For its next rocket launch, the company is in discussions with Kennedy Space Center in Florida, but will continue to search in Maine for a future launch site and manufacturing plant.
Grants have been awarded to 224 companies, the vast majority of which are in rural parts of the state.
A Maine investor views industrial property beyond Greater Portland as a hot commodity, thanks to the cannabis market, e-commerce and startup activity.
More Maine companies are looking to automated systems to speed operations, grow capacity, and in some cases fill in for workers they can’t find. But those aren't the only benefits, the businesses are discovering.
The test was the first of a series that’s expected to culminate later this year in the launch of full-sized commercial rocket, powered by a bio-derived fuel, into low-Earth orbit.
The plant, owned and operated by onsemi since 2016, is expected to change hands in the next quarter. In 2021, onsemi laid off hundreds of employees worldwide, including some in South Portland.
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.
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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