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Citing production delays due to equipment failures at a 45-year-old “blast and paint building,” Bath Iron Works submitted plans to build a 20,000-square-foot steel preservation facility at its Hardings manufacturing plant in East Brunswick.
A partnership with Acadia National Park is allowing a nonprofit educational boatbuilding program to expand on the island of Islesford, off Mount Desert Island.
Village Candle, the Wells-based manufacturer of scented candles, announced today it has reached an agreement with the international shipper Eimskip that will enhance the company's ability to grow its sales in the European market by shipping out of
After winning a critical product-dumping trade case against China in 2017, Auburn Manufacturing CEO Kathie Leonard plans to expand Auburn Manufacturing's facilities to stay on top of a tough global market.
Verso Corp. (NYSE: VRS) expects sales to improve in 2018 as it gears up to restart the idled No. 3 paper machine at its Androscoggin Mill in Jay later this year and continues to explore strategic alternatives.
The Department of Defense has awarded New Balance a $17.3 million firm-fixed-price contract to provide American-made athletic shoes to initial entry service members upon arrival at basic training.
The Legislature's Taxation Committee voted 8-2 on Tuesday to support a bill that would provide $60 million in tax breaks for Bath Iron Works over the next 20 years.
An East Boothbay shipbuilder said it will add at least 10 to 20 jobs as the result of a state ferry contract awarded last week.
The U.S. Navy awarded General Dynamics Bath Iron Works a $14.9 million contract for the concept design of the Navy's planned guided missile frigate program.
In addition to awarding $4 million to Verso Corp. to upgrade and restart the Jay mill's idled No. 3 paper machine and $3 million to Montana-based SmartLam to support its plans to build a $23.5 million cross-laminated timber manufacturing plant in
Verso Corp. announced a $17 million project that will upgrade the currently idled No. 3 paper machine and create 120 full-time jobs at its Androscoggin Mill in Jay.
Bath Iron Works has notified nearly 60 electricians that they will be laid off effective Feb. 23 due to a shortage of work in that aspect of the shipbuilding process.
Coagulation Sciences LLC, a medical device startup engaged in product development at the MDI Biological Laboratory, has chosen Enercon Technologies Inc.
The sponsor of a bill to give a 20-year $60 million tax credit to Bath Iron Works that's tied to minimum investment and employment requirements has submitted an amendment that would split the tax credit in half.
Hancock Lumber has acquired Mainely Trusses, a market-leading roof and floor truss manufacturing facility based in Fairfield that was founded in 1991 by John Boulet. Terms of the acquisition were not disclosed.
The Legislature's Joint Committee on Taxation on Tuesday heard nearly three hours of testimony on LD 1781, which would renew a $60 million tax break for Bath Iron Works. Opponents spoke out at the hearing about the health of BIW parent company