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Morris Yachts owner Cuyler Morris finalized the sale of his company to The Hinckley Co. on Jan. 1 for an undisclosed price. Morris focused on the daysailer and ocean cruising sailboat markets.
At Sabre Yachts in Raymond, boatbuilding is going gangbusters, a situation largely attributed to the continuous development of new models that use the latest technologies but they are competing with other boatbuilders — and other industries — for a
Auburn Manufacturing, a 50-employee business founded in 1979, develops, manufactures and markets textile products for extreme-temperature industrial applications, has established a renewed drive to develop a new space, markets and products.
The recent World Economic Forum held in Davos, Switzerland, may have once again underscored the gulf between the haves and have nots. A new survey by the forum predicts major job disruption and churn across industries, most concentrated in routine
“At one time people knew their neighborhood brewer,” says John LeGassey, co-owner of recently opened Fore River Brewing Co. in the Cash Corner area of South Portland. “People are starting to get in touch with people who work in these industries.”
A Skowhegan-based company that manufactures safety vests and collars for dogs is about to hit the big time, as Wal-Mart has selected the company to carry its vests as part of a $250 billion commitment to U.S. manufacturing.
About 6,000 tons of mercury-contaminated soil was hauled away from the former HoltraChem Manufacturing Co. site in Orrington in December as part of an approximately $130 million environmental cleanup, the Bangor Daily News reported.
A Portland-based animal health products manufacturer is offering 1.1 million shares of common stock to fund the construction of a new facility to treat mastitis, the most common disease affecting dairy cows across the globe.
On Wednesday, Texas Instruments announced that its South Portland production plant would be gaining more work after the semiconductor producer said it would be closing a manufacturing plant in Scotland.
There's more bad news for a Waterville manufacturer that produces compostable packaging for Chipotle Mexican Grille, as the company announced an additional 30 temporary layoffs as demand continues to dwindle.
The Mechanic Falls-based textile company Auburn Manufacturing Inc. has filed petitions with both the U.S. Department of Commerce and the U.S. International Trade Commission asking that anti-dumping and countervailing duties be imposed on China due
A new Portland startup is finding yet another use for lobsters and showing that the almost $1 billion Maine industry is still finding new ways to keep innovating a 400 year old legacy.
A former part-owner of Wayfarer Marine, Chandler "Sandy" McGaw, was killed in a motorcycle-car accident in Collier County, Fla., on Jan. 17, the PenBay Pilot reported.
One of the most popular craft beer breweries in the state of Maine, Oxbow Brewing Co. LLC, filed a notice with the U.S. Securities and Exchange Commission allowing for the Newcastle-based company to solicit $1 million in private equity investment.
Every year, Mainebiz asks some of the state's leading economists to look to the coming year and offer their thoughts, worries and forecasts. We may be out of the recession, but there is plenty of uncertainty out there. Our experts weighed in with
Two months after its assets were acquired, the former site of Harbor Technologies has been put on the market for $2.5 million.