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Manufacturing
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Nonprofit buys Yarmouth boatyard to preserve working waterfront
December 22, 2021The sellers wanted to see it the yard remain as a working waterfront. The buyers plan to address infrastructure challenges and create a business incubator and marine business hub.
December 22, 2021
3 Maine companies receive Governor's Awards for Business Excellence
December 19, 2021The state has presented the awards annually since 1991 to recognize manufacturers and service companies for commitment to their communities and exemplary performance.
December 19, 2021
Maine may lead mass timber ‘revolution’ to reduce construction's carbon footprint
Updated: December 20, 2021The emergence of mass timber is helping the construction industry reduce its carbon footprint., and with its vast forests, Maine has a key role to play, said an industry leader.
Updated: December 20, 2021
Maine forestry, biomanufacturing projects are in the running for $100M grant prizes
December 15, 2021A forestry coalition and a project to develop biomanufacturing infrastructure are among 60 finalists in a federal grant competition, and each has received a $500,000 award. Now they’ll compete for up to $100 million.
December 15, 2021
MaineHealth awards $100K for development of innovative medical devices
Updated: December 13, 2021A robotic clot retriever and a collapsible aerosolized particle enclosure were selected to receive a total investment of $100,000 from MaineHealth Innovation’s inaugural Bonfire Fund.
Updated: December 13, 2021
Pizza boxes wanted: Old Town paper mill asks local residents for cardboard
December 10, 2021ND Paper in Old Town is asking residents of four Maine towns for cardboard that it will recycle into pulp, as the mill faces higher costs and aims to keep waste out of landfills.
December 10, 2021
Portland industrial software startup raises $3.5M to fund growth
Updated: December 8, 2021HighByte plans to use the funds to staff up across research and development, sales, marketing and other areas, with plans to more than double employee count over the next year.
Updated: December 8, 2021
Lyman-Morse teams with Silicon Valley startup to build electric powerboat
December 2, 2021The design is on trend with growing consumer demand and technology advancements for electric boat propulsion. Lyman-Morse was selected to build the design for its experience working with high-tech, carbon composite boats.
December 2, 2021
Deer Isle coffee company expands with dedicated roastery
December 1, 2021The new, one-story roastery was architect-designed as an ergonomic production space to allow 44 North Coffee to employ more year-round employees. A redesign of the company’s cafe is also in the works.
December 1, 2021
GO Lab to sell $85M in bonds for mill renovation
November 29, 2021GO Lab, a wood-fiber insulation company, plans to sell $85 million in bonds for the renovation of the long-shuttered paper mill in Madison.
November 29, 2021
Bristol Seafood adds nearby building to grow its retail business
November 27, 2021With sales of retail lines on pace to triple or even quadruple, the additional building offers capacity and additional automation while also freeing up space in the original facility.
November 27, 2021
Pandemic drives Farmington company's $2.5M investment in Maine's largest inkjet printer
November 24, 2021Franklin Printing's $1.25 million purchase of the huge, high-speed press — plus another $1.25 million for equipment that can fold, staple and more — was spurred by pandemic demand. But the company says the investment will help serve a broader market.
November 24, 2021
Winslow-based trailer company expands with Midwest acquisition
November 24, 2021Alcom LLC said it has acquired Wisconsin manufacturer Triton, which specializes in personal watercraft trailers.
November 24, 2021
Maine's forest economy to get $10M in recovery funds
November 23, 2021Phase 1 of the new funding program will provide grants for companies across the forestry industry in Maine. Phase 2 will provide competitive grants to improve market opportunities for Maine timber, which has suffered serious declines due to the
November 23, 2021
BIW begins work on a new Navy destroyer, the 44th of its class to come from Maine
November 17, 2021BIW started construction of the future USS Quentin Walsh, named for a Coast Guardsman who served heroically in World War II.
November 17, 2021
Former Vic Firth drumstick factory in Newport sells to boat dealership
November 17, 2021Vic Firth Co. relocated to a new facility across town. The drumstick manufacturer’s former factory sold at auction to Waterville-based boat dealer Hamlin's Marine. Central to Hamlin’s other locations, the site offers growth potential.
November 17, 2021
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