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In this roundup, Mainebiz looks back at some of the positive business stories reported in 2020. We're looking forward to more in 2021.
This year, the firm saw a surge in demand from manufacturers of COVID-19 “point-of-care” tests. Faced with aggressive product development schedules, the company doubled its staff and is planning for continued growth in 2021.
There was no shortage of negative news in 2020, and this roundup of 10 Mainebiz stories highlights the year's challenges.
The goal is to eliminate vertical lines in endangered right whale habitat. Trap retrieval systems in trials depend on pop-up buoys or other lifting devices, triggered by a remote-controlled acoustic signal.
As 2020 draws to a close, here's a curated collection of quotes from Mainebiz "On the Record" interviews with business and nonprofit movers and shakers.
The legislation on Monday passed both houses of Congress by overwhelming margins, and was expected to be signed into law Tuesday. Among other relief, the package would reduce taxes on beer makers and provide $200 million in assistance to loggers.
Stanley Black & Decker, the industrial tool and hardware giant, is transferring operations of the plant to Tennessee, eliminating all jobs at the 37 Bartlett Road facility.
The grant will boost the Kennebec Valley Community College Foundation scholarship fund, which goes to students in need, particularly those whose families worked for Dexter Shoe Co.
The Finance Authority of Maine's annual Showcase Maine celebration was canceled because of the pandemic, but FAME honored five recipients in a virtual ceremony on Thursday.
On Wednesday, the future USS Daniel Inouye became the first destroyer built at the Bath shipyard to head down the Kennebec River since 2018.
In Saco, a product design consultant found the right type of space that was more affordable than Boston. The consultancy is up and running; plans include adding production-level manufacturing equipment and employees.
The company has outfitted a park on its downtown campus with the same type of benches seen on the sidelines of pro football games.
Demand for flex units combined with tight inventory resulted in a high amount of interest in the industrial condo units. The developers are looking for more land in Saco to put up more units.
As the pandemic continues, Maine's record-high unemployment rate is still high. But employers are hiring, and sectors with the biggest job losses last spring now have some of the most openings. Jobs in some sectors are even back at pre-COVID levels.
The owner of the plant says it will continue operations without pulp production and without one of its three paper-making machines. But the company is investing $1 million to help the nearly 200 workers laid off in the wake of the explosion.
The plants in Hollis, Kingfield and Poland have been certified Platinum by the Alliance for Water Stewardship, a global organization that sets a framework for water conservation.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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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