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Two major safety upgrades at Auburn's Tambrands' factory, with a cost of $4.6 million, are the latest in a total $11 million in expansion and upgrades this year at the site.
Kestrel Aircraft, which recently was evicted from Brunswick Landing for failing to pay rent for at least a year, faces possible legal action by the state of Wisconsin and the city of Superior, Wisc., over millions in defaulted loans.
Owens Corning officials said location is the primary reason the company, which makes insulation and composites, is closing its Brunswick plant.
The Midcoast Regional Redevelopment Authority has evicted the aircraft manufacturing company Kestrel from Brunswick Landing.
Boats damaged by hurricanes in Florida and the Caribbean are expected to arrive in New England in the coming months for repairs, with some Maine boatyards anticipating a potential windfall in additional work.
For the first time ever, an all-women team of sailors from Maine won first place for all-female finishers in the 2017 J/24 World Championship in Mississauga, Canada.
Blue Heron Capital, a growth equity fund based in Richmond, Va., that provides growth and expansion capital, led a $3.5 million investment round in STARC Systems, a company based at TechPlace in Brunswick Landing.
A good day, says Front Street Shipyard President JB Turner, is when he's working on “some kind of fun project with a good group of people. Everything goes well, there are no stumbling blocks and the employees are not unhappy.”
In 2015, Ben Waxman and Whitney Reynolds, a husband-and-wife team, started a company to produce fleece apparel and blankets that would use materials sourced in the United States and employ a workforce comprised mostly of new Mainers.
Paul Tyson, owner of Thermoformed Plastics of New England, purchased a 27,684-square-foot plant in Biddeford for $1.18 million from York County Biscuit Company Inc., in a deal that closed Aug. 30.
The U.S. Navy has awarded General Dynamics Bath Iron Works funding for the planning and construction of two Arleigh Burke-class destroyers, DDG 126 and DDG 127. The contract modification fully funds the two ships.
The University of Maine System has landed a $454,532 federal grant to create a center to accelerate the use of Maine-sourced timber and engineered wood composites in place of steel and concrete for larger construction projects.
Pittsfield-based Cianbro Corp., the state's largest construction company, has won an additional $17 million federal contract at the Portsmouth Naval Shipyard in Kittery.
The U.S. Senate passed the 2018 National Defense Authorization Act with funding for projects involving key Maine companies.
The U.S. Navy has awarded Stantec Consulting Services a $4.9 million contract for architect-engineering services for the Dry Dock No. 1 superflood basin at Portsmouth Naval Shipyard in Kittery.
Southport Boats, an Augusta-based builder of center console offshore boats, has been acquired by the principals of Florida-based Carbon Craft Inc. for an undisclosed price.