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Expansion continues to propel WEX sales, but profits are up as well
Renee Cordes Updated: February 24, 2020As the Portland-based payment services provider makes plans for additional operations space in Scarborough, the company is looking to expand its market share in 2020, too.
Renee Cordes Updated: February 24, 2020Portland tech startup Friday receives $450K in seed financing
Staff February 21, 2020The software company, which is developing virtual communication tools for teams that work remotely, received the financing from Underscore.vc, a Boston-based venture capital firm.
Staff February 21, 2020
Business podcast primer: Before going on air, tune in to these tips
Maureen Milliken Updated: February 24, 2020Whether it's with a budget large or small, with outside professionals or in-house amateurs, Maine businesses are turning to podcasts to deliver marketing messages and more. But companies that have done this successfully say there are some best
Maureen Milliken Updated: February 24, 2020
Tech traps for companies: What employers need to know
Renee Cordes Updated: February 24, 2020New technologies, such as biometrics, cloud computing and artificial intelligence, pose new challenges for employers trying to comply with legal requirements and avoid cybersecurity problems. Mainebiz talked some experts about what to keep in mind.
Renee Cordes Updated: February 24, 2020
The last micron: Precision technology squeezes tolerances to a millionth of an inch
Laurie Schreiber Updated: February 24, 2020At UMaine, the world's largest 3D printer can turn out 5,000-pound objects in three days. In Biddeford, a tool and mold company produces parts with tolerances 20 times finer than a human hair. With a new generation of technology, Maine is making
Laurie Schreiber Updated: February 24, 2020
WEX wins tax break on $50M Scarborough building plan it's 'eager' to begin
Renee Cordes February 20, 2020With a $2.25 million tax break from Scarborough now secured, payment services provider WEX Inc. says it's all systems go for the company's planned operations center at The Downs.
Renee Cordes February 20, 2020
283 veterans land Maine jobs during 2019 Hire-A-Vet campaign
Renee Cordes Updated: February 20, 2020During the 100-day campaign, Maine employers including Tilson, Bath Iron Works and Dead River Co. hired the former military personnel for jobs throughout the state. They pay an average hourly wage of $22.78.
Renee Cordes Updated: February 20, 2020
MTI seeks applications for $2M in innovation funding
Renee Cordes February 19, 2020The Maine Technology Institute is accepting applications for a new round of funds, to be awarded in individual amounts up to $500,000.
Renee Cordes February 19, 2020Portland animal-health startup raises $40M
Staff February 18, 2020Rarebreed, a startup in the Portland area’s growing animal-health industry, said Monday it has raised nearly $40 million in two rounds of equity financing.
Staff February 18, 2020SoPo nonprofit says data breach may have affected unknown number of clients
William Hall Updated: February 18, 2020PSL Services says the breach, which it learned of in December, is "small." But the compromised data could include names, Social Security numbers, medical data and more.
William Hall Updated: February 18, 2020WEX beats expectations on Q4 earnings, looks to grow market share
Renee Cordes Updated: February 13, 2020WEX Inc., the Portland-based global provider of payments solutions, posted an increase in fourth-quarter earnings and revenues amid a bullish outlook on increasing market share in 2020.
Renee Cordes Updated: February 13, 2020
Insider Notebook: Blue Marble Geographics rolls into Brunswick
Maureen Milliken January 29, 2020The GIS software company wants its R&D functions to be closer to Portland is it grows and adds employees; Jewett Construction's work on the Jordan's Furniture store at the Maine Mall is underway and on schedule for spring opening.
Maureen Milliken January 29, 2020
Portland cybersecurity startup raises another $2M to fund growth
Renee Cordes Updated: January 28, 2020Defendify, which has now raised a total of $3.6 million in 18 months, said it will use the new funding to expand the company's core product, invest in sales and marketing and make strategic hires.
Renee Cordes Updated: January 28, 2020
Biddeford box-maker Volk invests in ‘game-changer’ technology, expansion
Laurie Schreiber Updated: January 23, 2020Volk Packaging Corp. has forged a partnership with JS Machine, a Chinese manufacturer of packaging equipment, and plans to build out the Biddeford plant.
Laurie Schreiber Updated: January 23, 2020
To support growing workforce, WEX will build $50M ops center in Scarborough
Renee Cordes January 17, 2020The fast-growing provider of global corporate payment solutions on Thursday unveiled plans to build a $50 million operations center at The Downs in Scarborough, designed to accommodate its increasing employee base.
Renee Cordes January 17, 2020
MedRhythms advances product pipeline with science boards, new trial
William Hall January 14, 2020The Portland startup has formed two new scientific advisory boards, which are typically created by maturing medical technology companies, and is about to launch a study at renowned Cleveland Clinic.
William Hall January 14, 2020
Today's Poll
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
The Giving Guide
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.
Learn More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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