The company that owns the Somerset County paper mill said the machine rebuild project would help pursue growing demand.
maine businesses
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.
Maine home sales set record in 2016, easily outpacing national rate
Brisk activity, especially in southern Maine, made for the highest number of transactions in the 18 years the Maine Association of Realtors has been tracking sales.
Portland-area Metro had record-breaking ridership in 2016
The bus service said it had 1.8 million riders last year, a 15 percent increase from 2015.
National chain Bob Evans buying Mars Hill potato company
Meanwhile, the firm sells off its restaurants to focus on its growing food processing business.
Number of employed Mainers ticks up for 2016
The December unemployment rate of 3.8 percent bests the national average.