Bath Iron Works has been awarded contracts for three new destroyers through 2027, which Maine’s senators say provide long-term stability to both the shipyard and the many local vendors it serves.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, New England
Massachusetts natural gas plant guarding Northeast from winter blackouts is at risk
The pending closure of a facility in Everett, Mass., could jeopardize the region’s power system in extreme weather, regulators say.
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Posted inBusiness, Maine
Maine’s first giant battery project set for construction in Gorham
Goals to reduce the use of fossil fuels won’t be able to get far without help from energy storage.
Posted inBusiness, Maine
Flooding’s on the rise in Maine, but just 1% of homeowners have insurance
Few Mainers have a policy that covers the kind of severe flooding seen in the Dec. 18 storm. As climate change brings more extreme weather events to the state, the impacts could be costly.
Posted inBusiness
McKee Law becomes McKee Morgan
AUGUSTA — McKee Law has announced that effective Jan. 1, the firm became McKee Morgan. The change in the firm name is in recognition of partner Matt Morgan’s importance to the firm and decade of high level work for the firm’s clients, according to a news release from the firm. Walt McKee, the firm’s owner, […]
Posted inBusiness
Paul McKee named president of Maine Association of Realtors
AUGUSTA — Paul McKee begins his term as president of the Maine Association of Realtors for 2024. McKee has held a Maine real estate license since 2003 and is a lead buyer specialist of The Hatcher Group with Keller Williams Realty in Portland. He served as the Maine Association of Realtors president-elect and first vice […]
Posted inBusiness
Sebasticook Valley Federal Credit Union celebrates holidays through giving
PITTSFIELD — Sebasticook Valley Federal Credit Union continued its commitment to the greater community through several holiday corporate and employee-led programs in 2023. Last month, the credit union participated as a corporate sponsor for the Valley of Trees Festival in Newport, an initiative by the Sebasticook Valley Chamber of Commerce that celebrated community spirit and […]
Posted inBusiness, Maine, News
$500,000 in grants available to bring remote workers to Maine
The funds are available to support local co-working spaces, attract remote workers and their employers, and strengthen Maine communities.
Posted inBusiness
New online FAFSA inaccessible to some in first week
The application was designed to make applying for federal student aid easier. And it likely will – if applicants can log in.