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Technology
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Brunswick Executive Airport lands $1.36M in fed grants
August 5, 2014Brunswick Executive Airport will be receiving three federal grants totaling $1.36 million from the federal Department of Transportation to pay for several improvements to airport facilities at the former Brunswick Naval Air Station.
August 5, 2014New bridge links Fort Kent and New Brunswick
August 4, 2014The new $13.9 million Clair-Fort Kent International Bridge has opened, with officials from both Maine and New Brunswick describing it as an important link for economic opportunity between the state and Canadian province.
August 4, 2014Bar Harbor Bankshares reports record Q2 earnings
August 4, 2014Bar Harbor Bankshares (NYSE: BHB), the parent company of Bar Harbor Bank & Trust, is reporting record net income of $3.9 million for the second quarter of 2014, representing an increase of $687,000, or 21.7%, compared with the second quarter o
August 4, 2014Maine's mortgage closing costs rank 30th in U.S.
August 4, 2014Maine has the 30th-highest average mortgage closing costs in the nation, $2,497, according to a national report published today by Bankrate.com.
August 4, 2014Solar energy company files for Chapter 7 bankruptcy
August 4, 2014Ascendant Energy, a solar technology company based in Owls Head, has filed for Chapter 7 bankruptcy, citing $780,000 in debt and nominal assets.
August 4, 2014Downeaster completes track repairs, restores full service
August 4, 2014Amtrak’s Downeaster passenger train service has returned to its full schedule of five daily round-trips between Portland and Boston following completion of track repairs that have led to months of delays and cancellations.
August 4, 2014
WEX Inc. posts 13% revenue growth in Q2
July 30, 2014WEX Inc., an international fleet card and corporate payment services company based in South Portland, achieved a 13% gain in total revenue in the second quarter, it said Wednesday.
July 30, 2014Protect your brand in a digital world
July 28, 2014If it feels like you face an uphill battle trying to protect your brand in today's high-speed and ever-expanding digital world, you're not alone.
July 28, 2014WEX signs deal with Shell
July 16, 2014WEX Inc. said Tuesday it signed a deal with Shell to process some of its prepaid fuel card transactions.
July 16, 2014Uber ride service testing Portland market
July 3, 2014Portland taxi industry, take notice. Uber, a venture-backed startup that provides smartphone app-based ride services in 140 cities, is testing the Portland market for a possible expansion.
July 3, 2014WEX to buy health care payment company for $532.5M
June 17, 2014WEX Inc., an international fleet card and corporate payment services company based in South Portland, has entered into an agreement to purchase Evolution1, a cloud-based technology and health care payment services company, for $532.5 million
June 17, 2014DeLorme expected to appeal $6.2M fine
June 11, 2014DeLorme Publishing, the Yarmouth-based company that makes the Maine Atlas and Gazetteer, is expected to appeal a $6.2 million fine related to a patent infringement case.
June 11, 2014
Two Maine startups selected as semifinalists in regional cleantech competition
June 10, 2014Two Maine companies are among 38 semifinalists chosen to compete in a regional clean technology business incubator program that will help give the startups an extra leg up.
June 10, 2014Lewiston firm bought out from bank ownership
May 23, 2014FISC Solutions, a Lewiston-based payment processing and business support firm, has been acquired by its senior management team from two regional banks.
May 23, 2014Winxnet making three more acquisitions
May 22, 2014Portland-based IT firm Winxnet has increased its revenue by 189% from 2009 to 2013, and with three acquisitions in the works, it could potentially reach $40 million by 2016.
May 22, 2014High-tech toy maker picks Lewiston for supply deal after global search
May 19, 2014A New Hampshire-based maker of toys that connect with smartphone apps has landed supply deals with three companies in Lewiston after conducting a global search to create a supply chain for a new high-tech toy.
May 19, 2014
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