The cold-storage operator, which plans to build a facility in Portland, hopes to raise up to $384 million.
maine businesses
Regulators delay power contract essential to UMaine floating wind farm
The Public Utilities Commission decides to reopen terms of the 2013 contract between Aqua Ventus and CMP because of changing energy markets.
Maine lawmakers continue debate over Pine Tree Development Zones
The tax-break program for businesses is set to end this year, but a pending bill would extend it to 2023, despite a legislative report raising concerns about a lack of accountability.
Bowdoin company buys Massachusetts firm to enhance its brain surgery product line
FHC Inc. expects the acquisition to help neurosurgeons deliver therapies directly into the brain.
CVS Health purchases Apothecary by Design
The pharmacy has carved a market niche by focusing on treatments for chronic illnesses.
Solar array goes online at Brunswick Landing to help power business park
The project is the largest of its kind in Maine for developer ReVision Energy, with 4,500 photovoltaic panels.
Sears in Bangor slated for closure
Parent company Sears Holdings said it is one of 103 Sears and Kmart stores closing in the next few months.
Somerset County commissioners endorse CMP transmission line
The proposed 145-mile hydro-electric corridor from Quebec to Massachusetts would boost the local “nature-based” economy, advocates say.
Idexx releases details about planned expansion
The project would cost $62 million and would add space to accommodate up to 600 more workers.
Maine customers warned of power bill scam
Callers posing as power company employees demand customers give them prepaid debit card numbers to avoid having their power disconnected.