Niles Krech and Steve Pracher started the Maine Urban Timber Co. after realizing there was no other business in the state producing urban live slab lumber.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Harvests are down and Maine’s loggers hang on
Lumbermen have taken a massive hit this year after COVID-19 and the Jay mill explosion, with business down as much as 40% industrywide.
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Posted inBusiness, Lewiston-Auburn, Maine, News
Lewiston restaurants adapting ahead of an uncertain winter
Some restaurants are squeezing what they can out of outdoor patio dining. Others are hoping to survive the winter through takeout and limited indoor seating.
Posted inBusiness, News
Central Maine business briefs: Mitchell, of Augusta Public Affairs Firm, honored by Maine Dental Association
COVID-19 re-opening task force receives Maine Dental Association President’s Award.
Posted inBusiness, Maine, Morning Sentinel, News
Tasting room owners in central Maine say they can open safely indoors amid pandemic
Central Maine tasting rooms figuring out what’s next, including a commitment to outdoor service during winter months.
Posted inBusiness, Nation & World
Stocks close a blistering week, even as uncertainty lingers
But many investors see an upside to the possibility of continued political gridlock in Washington.
Posted inBusiness, Nation & World
Iconic Paris bookshop appeals for help during pandemic
Shakespeare and Company sent an email to customers last week to inform them that it was facing ‘hard times’ and to encourage them to buy a book.
Posted inArts & Entertainment, Business, Maine
Robert Indiana’s estate, art representative reach agreement
They’ve asked to put legal proceedings on hold as they work out the details, which they have not disclosed.
Posted inBusiness, Maine, News
Unemployment drops as U.S. added 638,000 jobs in October
The job gain suggested that a tentative economic recovery is still intact even as it faces a surging viral outbreak.
Posted inBusiness, Nation & World
Federal Reserve signals readiness to do more for economy as virus rages
The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic