Verso Corp. plans to add products and increase production at its Androscoggin Mill in Jay, where about 500 people work.
Maine business
Chad Cummings answers Five Questions
The owner of Cummings Greenhouse and Produce talks about the importance of hustling to get all the work done.
Mortgage servicer to pay attorney fees, fines for Maine foreclosures
Homeowners were foreclosed upon by a Florida-based loan servicer, Ocwen Loan Servicing, on behalf of a lending company that no longer existed.
New owner plans restaurant space on Portland wharf
Christopher DiMillo has purchased the Berlin Mills Wharf on Commercial Street for $4 million, but has not yet decided what he’ll do with the the rest of the 1.5-ace property.
Portland ship designer receives $8 million Navy contract
Navatek’s contract will allow it to expand its staff from 22 to 50, and deepen its partnership with the University of Maine.
Holy Donut founder moving to Hawaii to watch daughter catch a wave
But don’t worry, you’ll still be able to get your dark chocolate sea salt doughnut fix.
Stonewall Kitchen sold to Boston investment firm, with eye toward growth
The York-based specialty foods company employs about 300 people in Maine.
Wex reports 19% revenue increase for second quarter
The Portland-based payment processing firm’s adjusted net income increased by 10 percent from a year earlier.
Portland-based IT firm makes acquisition, unveils aggressive growth plan
Logically, formerly Winxnet, says it plans to pursue 3-4 acquisitions a year to keep pace with the growth of major competitors.
Former Maine public advocate appointed to FCC broadband group
Tim Schneider, a graduate of New York University Law School, is now general counsel at Portland-based Tilson Technology Management.