The South Portland firm’s revenue rises 12.6%, and its net income increases 14.4% from a year ago.
maine businesses
Seaweed growers form exchange
The group wants to develop markets and new products for Maine seaweed companies.
CMP’s game plan: Restore power to as many as possible, as fast as possible
Preparations to respond to Maine’s largest outage take place at regional service centers and include a huge expansion of crews put to work.
Manufacturers Association of Maine wins award for program to boost defense industry
The Northeast Economic Development Association recognizes the group for helping defense-related companies in Maine diversify their product offerings.
Idexx reports continued gains in third quarter
The Westbrook company generated quarterly revenue of $492 million and net income of $70.5 million, but missed analysts’ revenue projections.
Allagash founder lends voice to effort to buy Budweiser parent company
Rob Tod says brewers need to stay independent so they can support their local communities.
Developers propose another massive solar array, this time in Clinton
The proposed $30 million array would power 7,000 homes, similar to a proposal in Fairfield.
Systems Engineering expands top management
The IT services provider promoted Matt McGrath to president, among other changes.
Bigelow Laboratory chooses new top executive
Deborah Bronk of the Virginia Institute of Marine Science will take over as president and CEO of the East Boothbay marine research institute March 1.
Northeast Bancorp’s income doubles
Its board of directors declares a cash dividend of 1 cent per share to be paid to investors Nov. 20.