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The Composites Research Engineering Laboratory that had been located at TechPlace, Brunswick Landing’s technology accelerator, has a new home at the University of Southern Maine in Portland.
A group of cybersecurity consultants, including one who held a position in the George W. Bush administration and another from Augusta, have partnered to form Solaris Consulting Group.
WEX Inc., the Portland-based global corporate payments company, today reported an 8% increase in revenues for the first quarter to $381.9 million, compared to $354 million for the same period a year ago.
State officials expect a lot of interest from communities looking to expand internet accessibility as the 14th round of infrastructure grants and fourth round of planning grants by the ConnectME broadband program opens.
Better broadband access that would allow farmers and rangers to take greater advantage of next generation precision agriculture technology could result in $47 billion to $65 billion a year in economic benefits nationally, according to a
The Environmental and Energy Technology Council of Maine has hired entrepreneur and former state Rep. Marty Grohman of Biddeford as its executive director.
Tilson, the fast-growing network deployment and IT professional services firm based in Portland, on Tuesday announced several new and improved employee leave policies, including expanded benefits for all new parents regardless of gender.
Tilson, the fast-growing Portland-based network deployment and IT professional services firm, announced Tuesday has completed a transaction through which funds managed by SDC Capital Partners LLC will invest up to $100 million in the company.
A $2 million commitment to Colby College will support the launch of a new initiative that will integrate data science into the curriculum across the disciplines, from social and natural sciences to the humanities.
Winxnet Inc., a Portland firm that acquired San Diego-based K&R Network Solutions Inc. last June to form a coast-to-coast managed IT services company, has changed its name to Logically.
Fiber Materials Inc, a Biddeford defense and space contractor, plans to add 50 employees this year, bringing its workforce to 235.
Shaun McCarthy will join Tilson in the new role, leading Tilson's finance team as it continues to expand its network infrastructure design build services amid rapid expansion nationwide.
The initiatives, which include financial incentives to buy electric vehicles, are in part the result of a $5.1 million settle with Volkswagen won last year by Mills when she was attorney general.
It was another record year for WEX, which said its fourth quarter revenue of $381.2 million represented a 15% increase from $331.6 million in 2017's fourth quarter.
Schaffer will lead the boradband agency after being a small-business advocate in the Maine secretary of state's office and co-chair of the Maine Broadband Coalition.
Maine State Chamber of Commerce President and CEO Dana Connors told a U.S. Congressional committee that improved broadband could grow rural small business sales by more than $550 million and add more than 3,000 jobs over the next three years.
A year-old Portland software company that focuses on the cannabis and hemp industry is getting ready to launch a second round of financing in order to expand nationally in a rapidly increasing market.
U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have joined a bipartisan group of senators in introducing the “Agricultural Export Expansion Act of 2019,” legislation to remove a major hurdle for American farmers and ranchers aiming to sell American agricultural products in the Cuban market. The bipartisan bill would support jobs in Maine and throughout the country by lifting restrictions on private financing for U.S. agricultural exports to Cuba.
Collins and King noted in a recent news release that the 2018 Farm Bill took steps to help American agriculture access the Cuban market by allowing funding for U.S. Department of Agriculture export promotion programs for U.S. agricultural products to be used in Cuba. However, they said, the biggest barrier for producers as they seek access to Cuba is the Trade Sanctions and Reform Act’s prohibition on providing private credit for those exports, which forces Cubans to pay with cash up-front for American-grown food. As a result, American farm goods have become less competitive, and Cuba has turned to other countries that are able to extend credit directly to Cuban buyers for transactions.
The proposed bill would amend the Trade Sanctions and Reform Act to allow for private financing of agricultural exports and level the playing field for American farmers competing in the global market.
Noting that farming continues to be a major economic driver of Maine’s rural communities, Collins and King said the legislation would “open up a significant new export opportunity, without costing the government any money or risking any taxpayer dollars.”