The opposition group, No CMP Corridor, says it has enough signatures to force a statewide vote, but legal experts say the move to overturn a regulatory body’s decision is unprecedented.
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Posted inBusiness, Local & State, News
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
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Posted inBusiness, Local & State, News
Saddleback finally has a new owner, with plans to reopen slopes next season
Arctaris Impact Fund finalizes a $6.5 million deal for the Rangeley-area ski resort, which has been closed since 2015.
Posted inBusiness, Local & State, News
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company’s mills in Maine and Wisconsin.
Posted inBusiness, Local & State, News
Maine’s delegation pushes for more visas to help fill seasonal jobs
The number of federal H2B visas available typically falls far short of demand, forcing some tourism and other businesses to cut hours and services.
Posted inBusiness, Local & State, News
Portland’s Defendify raises $2 million to expand cybersecurity business
The company produces software especially for small businesses to protect their data in an increasingly complex information economy.
Posted inKennebec Journal, Local & State
Kennebec Valley Chamber honors its members in annual awards event in Augusta
More than 800 members of the Kennebec Valley Chamber of Commerce turned out Friday to celebrate the recipients of the 2020 Kenney Awards, which recognize their commitment and contributions to the Kennebec Valley area.
Posted inBusiness, Local & State, News, Times Record
Bill pending in Maine to make producers pay for disposal of packaging
Maine is drafting a first-in-the-nation law to shift the cost of disposing of packaging materials from consumers to private companies.
Posted inBusiness, Local & State, News
Over a half-million guests stayed at Maine Airbnb rentals in 2019
Guests and revenue from the home-sharing service have tripled in the past 4 years.
Posted inBusiness, Local & State, News
Portland’s Danforth Inn to reopen next month as Blind Tiger Guesthouse
Lark Hotels is undertaking a full redesign of the historic West End hotel, and has also purchased 3 historic inns in Kennebunkport.