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Terms were not disclosed, but the acquisition by Elmet Technologies creates a company with 500,000 square feet of facilities, nearly 400 employees and $200 million in revenue.
Small businesses, agricultural cooperatives, aquaculture businesses and nonprofits in six counties can apply for low-interest emergency loans from the Small Business Administration.
Moving from the relative obscurity of a third-floor space, the Androscoggin Historical Society will now have street-front visibility and exposure to a broader audience. The move took 1,800 volunteer hours.
Blue Ox Malthouse produces malt for brewers, spirit makers and bakers. Construction is underway to triple the operation’s malting floor space and quadruple its processing capacity.
As survivors try to piece their lives back together, organizations are stepping up to raise funds while some victims' family members and friends turn to crowdfunding to seek help with expenses.
As the manhunt for Robert Card continues, many companies have continued to announce their closures for the day, events have been canceled and many schools have canceled classes or will have a remote learning day.
Numerous businesses have taken to social media to announce closures and support, many schools have canceled classes for the day, and Hannaford Supermarkets has delayed opening its Maine stores.
Maine Medical Center in Portland and other MaineHealth hospitals have closed their campuses to non-hospital personnel and non-patients until further notice, while a number of businesses and schools are closed Thursday.
The shootings at two Lewiston businesses Wednesday night also left 13 injured. On Thursday morning, police were continuing a manhunt for a suspect.
For the lowdown on how leadership works in family-owned businesses, Mainebiz checked in with four family-owned enterprises and two smaller ones across the state.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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.
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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.
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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 moreThe 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 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.
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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