A federal payment of $305 million will be added, then the state liquor contract revenue will cover the bond.
Jessica Hall
Posted inBusiness, News
Maine Angels succeed when startups get their wings
The group is adding investors and expecting a return soon on the millions in aid to businesses.
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Posted inNews, Sports
Civic Center, Pirates in standoff over concessions
The team fails to sign a five-year lease by Thursday’s deadline. Trustees say they will look for new tenants.
Posted inBusiness, News
Brunswick airport gets $1.1 million to create aviation terminal
The terminal will include passenger waiting space, pilot planning areas and a service facility.
Posted inBusiness
Pratt & Whitney nears $1B contract for F-35 engines
The tentative jet contract calls for the North Berwick plant to make 38 units at a lower cost than its last order.
Posted inBusiness, News
Southwest adds nonstop flight from Portland to Orlando
Southwest Airlines says a ‘seasonal route’ to the popular destination will be offered starting March 8.
Posted inNews
Two Maine fishermen overcome by gas from rotting fish
They are hospitalized from hydrogen sulfide that built up in the hold after herring were unloaded.
Posted inBusiness, News
Bath Iron Works plans to lay off 40 workers
The shipbuilder says the layoffs will include 15 pipe coverers and 25 insulators. Still, the shipbuilder’s workforce has risen this year to about 5,500 employees.
Posted inBusiness, News
Maine to sell $220M liquor revenue bond next week
The state plans to use the proceeds of the bond offering to repay debt owed to Maine’s 39 hospitals.
Posted inNews, Politics
LePage ships lobster products to 49 other governors
Boxes full of prepared lobster meat, as well as bisques and spreads from Maine processors and dealers, were shipped overnight.