Investor Matt Hancock bought the property and sees additional development potential for retail, office or residential uses.
maine businesses
Posted inBusiness, Maine
Lawsuit claims lobster company took advantage of man’s dementia
William Atwood sold his lobster business eight years ago to Maine Lobster and Processing, but a newer, amended lease precludes him from doing any lobster-related business in a separate property.
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Posted inBusiness, Maine, News
State rejects group’s petition to change aquaculture lease process
But there is still no word on a timeline for the decision on a controversial 40-acre lease in Brunswick’s Maquoit Bay.
Posted inBusiness, Maine, News
Hearings on CMP performance problems to start Tuesday in Portland
The first of 3 Public Utilities Commission hearings will be held on the Portland campus of the University of Southern Maine.
Posted inBusiness, Maine, News
Extra pogy catch could ease bait worries for lobster industry
Maine gets approval to fish for another 4.7 million pounds of pogy, or menhaden, but will likely need more bait fish as the lobster season hits its stride.
Posted inBusiness, Maine
Maine ACA insurers seek modest rate increases
The three providers of individual insurance in the Affordable Care Act marketplace request average rate hikes from 1 percent to 8 percent.
Posted inBusiness, Maine, Politics
Mills comes out against ‘foolish’ federal regulations to protect right whales
The governor is directing the Department of Marine Resources to come up with an alternative to a federal plan to reduce the Maine lobster industry’s impact on endangered right whales.
Posted inBusiness, Food & Dining, News
Popular Brunswick cantina, El Camino, has closed
The owners of El Camino, known for its Mexican food, tequila-based drinks and funky atmosphere, say they want to simplify their lives and concentrate on their other restaurant in Bath.
Posted inBusiness, Maine
Survey says nearly half of Maine workers have been sexually harassed
Women were three times as likely as men to say they’ve been harassed, and nearly twice as likely to say reporting it would put their careers at risk.
Posted inBusiness, Maine
Maine banks seek market share in neighboring states
Some Maine-chartered banks view states such as New Hampshire and Vermont as attractive markets to expand their operations.