North River Co. plans to transform the former Lockwood Mill at 6 Water St. into 65 affordable apartments and some commercial space as part of the $40 million project.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News, Politics
Biden says he’s helped lower inflation as he hosts first meeting of his new supply chain council
The president used the council meeting to announce 30 actions to improve access to medicine and needed economic data as well as other programs tied to the production and shipment of goods.
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Posted inBusiness, Uncategorized
Ukraine has a new way to get its grain to the world despite Russia’s threat in the Black Sea
A new shipping corridor allows Increasing numbers of ships to stream toward Ukraine’s Black Sea ports and head out loaded with grain, metals and other cargo.
Posted inBusiness, Nation & World, News
U.S. sales of new homes fall as high mortgage rates weigh on demand
Despite the decline, new-home sales have generally been rising for the past year as elevated borrowing costs discourage homeowners from moving.
Posted inBusiness, Maine, News
Tag, you’re it: Cape Elizabeth natives develop app based on playground game
Lauren Steidl and Ian Andolsek, both 29, are among the founders of Integrated Reality Labs, the extended-reality gaming company behind the new game, called Slap.
Posted inBusiness, Maine, News, Politics
Maine providers push back on proposal to require testing of medical cannabis products
The Maine Office of Cannabis Policy says a recent study found 45% of 127 medical cannabis samples failed testing that is mandatory for the recreational market.
Posted inBusiness, Lewiston-Auburn
Fleet Maintenance Superintendent Phil Brienza Jr. keeps Lewiston’s vehicles on the roads
Working: It’s an increasingly difficult job keeping the city’s collective vehicle and equipment fleet running safely.
Posted inBusiness, Food & Dining
Brickyard Hollow finds recipe for success in craft brews, creative pizzas and community philanthropy
The rapidly expanding Yarmouth-based brewery has nine locations around Maine, and has opened five of them in the last 12 months.
Posted inBusiness, Food & Dining, Maine, News
The Quarry seemed like an improbable Beard Award winner, unless you’ve met Marilou Ranta
Since winning the prestigious award for Outstanding Hospitality in May, the tireless chef/owner of the Monson restaurant continues to prove why she’s deserving of an onslaught of new customers.
Posted inBusiness, Maine, News
Maine apple growers hurt by 50% loss, insurance inequities
Immediately after the harvest season finishes, growers begin filing claims and insurance adjusters come visit farms in person to verify the crop losses growers have reported.