Emery-Waterhouse, a subsidiary of Ace Hardware, will close its Rand Road distribution center and eliminate 100 positions in a company restructuring.
maine businesses
Posted inBusiness
Idexx net income up more than 50 percent for the first quarter
Earnings beat analysts’ expectations and caused the Westbrook-based company to boost its forecast for 2017.
advertisement
Posted inBusiness, Local & State, News
Bath Viaduct will reopen to Route 1 traffic next week, ahead of schedule
Work will continue on the streets and frontage roads underneath and adjacent to the viaduct after it reopens.
Posted inBusiness, Local & State, News
Maine labor commissioner stepping down to take USM job
In her new role, Jeanne Paquette will oversee auxiliary services on campus with an eye toward generating revenue.
Posted inBusiness
NBT Bank acquires Downeast Pension Services of New Gloucester
NBT entered the Maine market in 2014 and is expanding its Maine services to include retirement benefits management.
Posted inBusiness
Gas price increases help fuel Wex quarterly growth
The South Portland-based payment processor achieved double-digit increases in revenue and net income in the first quarter.
Posted inBusiness
Institute for Family-Owned Businesses announces finalists for annual awards
Twenty family-owned companies are competing in seven categories for the 18th annual Maine Family Business Awards.
Posted inBusiness, Local & State, News
Camden National Bank’s net income rose 17 percent in first quarter
The largest bank chartered in Maine netted $10.1 million, and Northeast Bancorp of Lewiston also performed strongly, with net income up 94 percent.
Posted inBusiness
Annual report shows exports a bright spot in Maine’s economy
International trade is hailed in the Measures of Growth report, while other sectors fall short.
Posted inBusiness, Life & Culture, Local & State, News
On 40th anniversary, Longfellow’s in Manchester eyes younger crop of gardeners
The greenhouse and gardening business will hold an open house this weekend to celebrate its 40th year in operation, as an increasing number of young gardeners have become interested in raising their own edible produce.