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Transportation redundancies, inventory stockpiling and remote and hybrid working are likely part of the future of the business world, in order to avoid the type of disruption that is occurring during this year’s pandemic, say corporate leaders.
Bath Iron Works will continue maintaining and modernizing Burke-class destroyers under the new contract modification. Another contract, with a union representing security workers, went into effect this week.
Munjoi Inc. launched last year with a nod to Munjoy Hill in Portland. The company's founder, who made a career-changing decision there, says Maine could also be a site for future operations.
The pandemic had nearly shuttered the plant, which opened 35 years ago. Now, purchase orders are coming in and recruitment for new hires will begin.
The project is expected to produce more than $125 million in total economic activity and create hundreds of Maine-based jobs during the construction period.
A survey of business owners by USM, and an economic study by the Maine Center for Business and Economic Research, show that business owners are generally optimistic. Those that embrace innovation are in the best position to be successful.
Eight Maine residents from three African nations are learning skills that can lead to a career. The curriculum is an offshoot of a previous joint venture between Southern Maine Community College and the Portland Adult Education program.
A total of 177 employees of the Pixelle Specialty Solutions plant have been laid off since July as a result of a rupture in machinery there in April.
Lack of transportation, including public transit, is a top concern of residents in Aroostook County. The situation also affects employers who rely on them to get to work each day. It's a complex problem, and The County is trying to come up with a
Eight months after the resignation of its co-founder and longtime CEO Susan Mackay, Cerahelix has promoted its chief operating officer, Bill Paulus, to the CEO position.
A settlement between Purdue Pharma and the U.S. Department of Justice includes the largest criminal fines in history against a drug manufacturer. But states including Maine, which was targeted by Purdue sales tactics, say it's not enough.
Acme Monaco Corp. is on track this year to produce 4 million of its guidewires, up from 3 million in 2019. The company is in hiring mode.
Two entrepreneurs, UMaine grad students, have developed a skin care product that uses a protein derived from lobster to tackle eczema. They've partnered with Luke's Lobster to source the protein and found a New Jersey manufacturer to produce the
In one of the industry's most challenging years, 1,720 craft breweries nationwide competed in the Great American Beer Festival. The two Portland breweries took home hardware in several categories.
After the cancellation of their premier sales event in March, maple syrup producers are finding new outlets to sell product. They include the recent revamped Maine Maple Producers Weekend, improved online ordering systems and coordinated pick-up
The supermarket chain received reports of tampering with Portland Pie Co. products as long ago as August, but a criminal investigation and a product recall have only begun this week. So far, there have been no reports of injury or illness.