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Lincoln Paper and Tissue is planning temporary layoffs and salary cuts in response to collapsing demand and record price drops in pulp and paper markets.
Boralex Inc. has signed a power supply contract that will prevent the closure of one of its northern Maine power plants.
Furloughed paperworkers are back on the job today at Katahdin Paper Co. in East Millinocket, thanks to some new orders.
Katahdin Paper Co.
The Maine Public Utilities Commission dismissed Central Maine Power Co.'s and Maine Public Service Co.'s major electric transmission project that would have linked Aroostook County with the New Eng
Penn National Gaming, the Wyomissing, Pa.-based parent company of Bangor's Hollywood Slots, reported a $153 million net loss for 2008.
Northern Maine Medical Center in Fort Kent today said it has laid off 19 employees, slashed hours for 32 others and instituted other cost-saving measures to save more than $2 million, according to
Robert Kennedy, the president of the University of Maine at Orono, is in Kansas today being vetted as a finalist for the president's job at Kansas State University.
Pittsfield-based Cianbro Corp. has cut 110 workers from its Eastern Manufacturing Facility in Brewer because of a drop in demand for oil.
The former Georgia Pacific mill in Old Town that closed in 2006 and again in 2008 under the Red Shield Environmental banner, is reopening once again.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy.
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 MoreWork 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 MoreWhether 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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