The No. 1 paper machine at the Somerset County mill will be retooled to make mostly consumer packaging products, toothpaste and cosmetics boxes, tea packets and dry goods packaging.
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Posted inBusiness, Local & State, News
Babe’s Shoe Repair in Waterville closes as owner retires after 37 years
Owner Fred Murphy plans to retire to his blueberry farm in China after working for decades as a cobbler in the city.
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Posted inBusiness, Local & State, News
L.L. Bean offers retirement buyouts to trim workforce by 10%
The Freeport-based retailer is rolling out other changes to its benefits as it seeks to free up cash to expand.
Posted inBusiness, Local & State, News, Politics, Schools and Education
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
Unum reports record profits in 2016
The Tennessee-based disability insurance provider employs 3,000 workers in Maine.
Posted inBusiness, Local & State, News, Politics
Maine regulators seek middle ground in residential solar incentives
Solar installers decry the new PUC rule, foreshadowing a fresh fight in the Legislature.