The funds will pay for a new hoist and resolve equipment problems that have hindered the yard’s ability to service many commercial boats and get them back on the water.
maine businesses
DEP gives preliminary approval to relocation of Maine Turnpike’s York toll plaza
The approval would allow cash collection lanes at the proposed toll plaza, which is opposed by many residents in the area.
Maine Med receives $11 million NIH grant to study metabolic diseases
The overall goal of the program is to reduce obesity, osteoporosis and diabetes – all metabolic diseases common in Maine.
LePage picks oil industry veteran for energy czar
Steven McGrath, the past chief financial officer of Downeast Energy Corp., replaces Patrick Woodcock.
Soaring Maine gas prices, up 32 cents in a week, alert attorney general to prospect of price gouging
Supplies tighten in New England and a new storm may add to the run-up in cost.
Family sells Kittery hotel it has owned for more than 50 years
The Coachman Inn on Route 1 is sold to a Massachusetts company for more than $3 million.
Commerce Department awards $1.5 million grant to support aquaculture
The grant will be used to upgrade the Darling Marine Center at the University of Maine in Orono.
Wex sets sights on Portland headquarters in 2019
The South Portland-based company must first get the Planning Board’s approval for the waterfront project.
Maine Bankers Association elects new chair, vice chair
Both leadership roles were voted on at the group’s recent annual meeting.
LePage downplays Trump’s NAFTA tweets
The Maine governor, meeting with Canadian officials and New England governors to talk about trade, also called for an agreement on softwood lumber.