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Technology

  • Finnish aircraft firm picks Brunswick Landing for U.S. headquarters

    James McCarthy April 4, 2017

    Brunswick Landing has been selected as the headquarters for a joint venture between the Finnish aircraft company Atol Avion and a U.S.-based investor group that plans to build and distribute an amphibious light sport aircraft in the North American

    James McCarthy April 4, 2017

  • Kenway Corp. acquired by Pennsylvania firm

    March 28, 2017

    Augusta-based Kenway Corp., which manufactures custom composite products for a wide range of industries, announced Monday that it has been acquired by Creative Pultrusions Inc., located in Pennsylvania.

    March 28, 2017

  • MTI awards $1M to innovative technology projects

    Staff March 27, 2017

    The Maine Technology Institute approved more than $1 million in awards supporting innovative technology projects in 10 of Maine's 16 counties.

    Staff March 27, 2017

  • Tilson lands $4.23 million contract with NHDOT

    Staff March 24, 2017

    Portland-based Tilson Technology Management and Massachusetts-based MobilityTech were awarded a design-build contract by the New Hampshire Department of Transportation for a project along the F. E. Everett Turnpike that could potentially guide self-

    Staff March 24, 2017

  • Maine job match service hit with data breach

    Staff March 23, 2017

    The vendor of a web-based job link service used by Maine and at least nine other states reported Tuesday it had been the victim of a malicious data breach.

    Staff March 23, 2017

  • CashStar co-founder starts digital platform for local foods

    Lori Valigra March 20, 2017

    David Stone's sixth startup, Forager, aims to bring farmers and local grocers into the digital age by tracking everything from procurement to payment online, adding efficiency to a person-to-person system fraught with scattered slips of paper

    Lori Valigra March 20, 2017

  • Thinking strategically: Melissa Smith helps spur WEX to $1B milestone

    James McCarthy March 20, 2017

    WEX President and CEO Melissa Smith has presided over an impressive trajectory of yearly growth in the past four years, from $717.5 million in revenues for 2013 to $1.01 billion at the close of 2016.

    James McCarthy March 20, 2017

  • 2017 Business Leaders of the Year

    Mainebiz Staff March 20, 2017

    We're fortunate in Maine to have business leaders that show a combination of vision, grit and socially responsible management.

    Mainebiz Staff March 20, 2017

  • Cranberry Isles to build high-speed internet

    March 17, 2017

    Cranberry Isles voters on March 11 approved a plan to borrow up to $1.2 million to upgrade their internet network.

    March 17, 2017

  • SymQuest Group promotes new president

    Staff March 7, 2017

    SymQuest Group Inc., an IT services and office technology provider with dual headquarters in Westbrook and South Burlington, Vt., said it has named a new president to take over on April 1.

    Staff March 7, 2017

  • You can get there from here with new fish-and-game apps

    February 22, 2017

    Recreational fishing and hunting just got smarter with the development of two mobile apps that link to state regulations and provide detailed directions to Maine's myriad ponds and lakes and prime hunting spots.

    February 22, 2017

  • Custom Composite Technologies at cutting edge of growing industry

    Lori Valigra February 20, 2017

    Steve Hassett, president of small Bath-based Custom Composite Technologies Inc., started as a wooden boat builder, but has maneuvered from that historic Maine industry into a new one in which the state is amassing expertise: composite materials.

    Lori Valigra February 20, 2017

  • Bangor startup applies new 3-D technology to accelerate the shoe-making process

    Lori Valigra February 20, 2017

    Bangor startup L&K Manufacturing, doing business as Cobbler Technologies, has found that sport shoe makers around the globe are looking for ways to make shoe soles cheaper, faster. That's where 3-D technology enters the picture.

    Lori Valigra February 20, 2017

  • Vitamin helps prevent certain vision loss, JAX researchers find

    Staff February 17, 2017

    Taking vitamin B3 in water may slow or prevent the slow vision loss from glaucoma, an eye disease that eventually leads to blindness and has no cure currently, researchers at Jackson Laboratory found.

    Staff February 17, 2017

  • Gorham manufacturer adding jobs to keep pace with record sales

    Staff February 17, 2017

    MEGA Industries, a Gorham manufacturer of high-power microwave components, reported record revenues of $12 million, a 32% gain from a year earlier. The workforce increased by 20% last year, to 60 employees, and the company plans to hire 12 people

    Staff February 17, 2017

  • Norway Savings beefs up cybersecurity

    Renee Cordes February 16, 2017

    Norway Savings Bank has switched to a new domain name designed to boost online security and guard against cybercrime.

    Renee Cordes February 16, 2017

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Today's Poll

What's your mid-year economic outlook?
Poll Description

The first quarter of 2025 gave businesses a lot to think about, with ever-changing trade policies, funding cuts, market volatility and so on. 

J.P. Morgan Research last month put the probability of a recession in 2025 at 60%, up from 40%. It said tariffs — particularly taxes on imports from China — were a "material threat to growth."

While recessions are "inherently unpredictable," says J.P. Morgan's chief global economist, most businesses probably have some sense by now of what's ahead. 

With the second half of the year in sight, Mainebiz wants to get an idea of the mindset of Maine business leaders. 

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