T.J.Maxx moving to new Augusta location; ReVision Energy becomes employee-owned company.
maine businesses
Augusta historic board gives OK to Otto’s on the River
The new downtown restaurant still needs other licenses before it can open, but it cleared an important hurdle Friday.
Former Press Herald building changes hands
A company that has built condominiums in Portland bought the former newspaper printing building on Congress Street last month for an undisclosed price.
CMP acknowledges website problems that have frustrated powerless customers
The utility says it’s trying to fix the issue, and notes that listed outages and locations may be wrong.
Cross Insurance acquires Portland competitor
The Bangor-based insurance agency said it has purchased the Holden Agency of Portland for an undisclosed sum.
Maine center gets $100,000 grant to help former millworkers
The Small Business Administration funds will go toward helping entrepreneurs in Madison and Jay grow their own businesses.
Wex has double-digit quarterly growth
The South Portland firm’s revenue rises 12.6%, and its net income increases 14.4% from a year ago.
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.