The company announcement Sunday gave no details but said the factory operated by Foxconn in the central city of Zhengzhou is “operating at significantly reduced capacity.”
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Even before winter’s arrival, Mainers are relying on heating assistance
The cost of heating oil is far more expensive than last season, but the Maine State Housing Authority has less money than it did last winter and more families to assist.
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Posted inBusiness, Nation & World, News
Elon Musk walks back on Twitter job cuts, blue checks in second week
The social-media company laid off close to 3,700 people on Friday, only to reach out soon thereafter to dozens of employees who it decided were either fired in error or too essential.
Posted inBusiness, Maine, Morning Sentinel
Popular deli pushes south to open new location in Waterville
Harvest Moon Deli now has seven locations in Maine after opening last week at 295 Kennedy Memorial Drive, with a second Waterville location possibly in the offing.
Posted inBusiness, Maine Cannabis Report, Nation & World
Germany unveils cannabis legalization plan, with caveats
Supporters hail the proposal as “a model for Europe,” but it would need to align with EU laws first.
Posted inBusiness, Election 2022, Maine Cannabis Report
Medical marijuana firms lead donors for legal pot campaigns
Producers of medical cannabis are pumping millions of dollars into legalization drives in five states.
Posted inBusiness, Maine, New England
Maine lobstering group backs new speed limit on ships to protect whales
The Maine Lobstermen’s Association says the first such restriction in over a decade illustrates how little shipping has been regulated compared to the lobster industry.
Posted inBusiness, Lewiston-Auburn
Elmet Technologies: Poised for new growth
Known for decades as the maker of light bulb filament, Elmet is now key to the defense, aerospace and medical industries.
Posted inBusiness, Maine, Morning Sentinel
A moribund old mill to get a $15 million facelift, and brewery, adding another spark to Skowhegan
The 80,000-square-foot former Solon Manufacturing mill on the island downtown is undergoing a two-year remodel that will have Bigelow Brewing Co. anchor the ground floor, with apartments and a hotel filling out the space.
Posted inBusiness, Maine, Morning Sentinel
A moribund old mill to get a $15 million facelift, and brewery, adding another spark to Skowhegan
The 80,000-square-foot former Solon Manufacturing mill on the island downtown is undergoing a two-year remodel that will have Bigelow Brewing Co. anchor the ground floor, with apartments and a hotel filling out the space.