The Freeport-based retailer is rolling out other changes to its benefits as it seeks to free up cash to expand.
maine businesses
Business group seeks repeal of 3 percent education surcharge on high-income Mainers
Business groups say the tax surcharge endorsed by voters in November is limiting Maine’s competitiveness.
Startup accelerator gets vital help for businesses under new partnership
Through Portland-based Venture Hall, Unum and MaineHealth will provide expertise on insurance, worker benefits and products to new companies in development.
Chris Hall, Portland Regional Chamber of Commerce’s leader, resigns suddenly
After Chris Hall’s sudden resignation as president and CEO, Quincy Hentzel will serve as interim CEO.
Sappi mill in Skowhegan to get $165 million machine upgrade
The company that owns the Somerset County paper mill said the machine rebuild project would help pursue growing demand.
L.L. Bean offers assistance to employees affected by travel ban
According to an internal memo acquired by Politico, the outdoor retailer offered to help workers affected by travel restrictions from seven predominantly Muslim nations.
Unum reports record profits in 2016
The Tennessee-based disability insurance provider employs 3,000 workers in Maine.
Maine regulators seek middle ground in residential solar incentives
Solar installers decry the new PUC rule, foreshadowing a fresh fight in the Legislature.
Chamber of Commerce celebrates Kenney Awards in Augusta
The Kennebec Valley Chamber of Commerce honored award-winners at its annual banquet, where participants voted live to pick winners in some award categories.
Maine tech grants spur nearly $1.6 million in private financing for 7 startups
Among the startups are companies developing rockets, digital game cards, energy-efficient windows and soldiers’ rations.