MaineSpark’s goal is that 60 percent of adult Mainers will achieve some form of training beyond high school by 2025.
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Posted inBusiness, Maine, News
State-backed loans pending for troubled company’s shrimp farms
Stored Solar wants to build the nation’s first shrimp farm at a biomass plant, but owes money and has had trouble launching other initiatives.
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Posted inBusiness, Maine, News
Press Hotel developer forms new company
Based in Portland, Fathom Cos. will manage hotels and redevelop historical properties.
Posted inBusiness, Maine, News
Brunswick manufacturer lands $3.5 million in capital to finance growth
STARC Systems, which makes safety barriers for construction sites, receives the investment from a Virginia equity fund.
Posted inBusiness, Maine, News
Contract for 2 more destroyers promises BIW years of work
The Navy’s award includes funds for radar design upgrades that will enhance the warships’ ability to detect ballistic missiles.
Posted inBusiness, Maine, News
Bean Group buys Maine Real Estate Network
With the deal, Bean Group becomes one of the largest residential real estate companies in northern New England.
Posted inBusiness, Maine, News
LePage wants to develop a new gas pipeline from Quebec
The governor says a new gas line could lower prices in Maine, but it would cost hundreds of millions of dollars and some people at a conference in Falmouth say the idea is unrealistic.
Posted inBusiness, Maine, Maine Cannabis Report, News, Politics
Legislative panel signs off on bill to spell out Maine’s rules for recreational pot
The committee that’s drafting regulations for Maine’s legal recreational market endorses the bill 13-2, but some lawmakers are concerned about Gov. LePage’s opposition to legalization.
Posted inBusiness, Food, Life & Culture, Maine, News
Closure of Dennis’ Pizza in Gardiner ends an era
Andrew and Kara Waller say what they have learned owning the restaurant will serve them well in their next business venture, whatever it may be.
Posted inBusiness, Maine, Maine Cannabis Report, News, Politics
As lawmakers add, cut and tweak, Maine’s law for recreational marijuana takes shape
The oversight committee adopts stricter residency requirements for licensing; broadens allowances for growing pot; and preserves the 12-plant limit on adult-use grows.