The quasi-governmental business, which once employed more than 500 people refurbishing Humvees and other military vehicles, severely underbid a contract to refurbish Boston transit buses.
maine businesses
Posted inBusiness, Local & State, News, Schools and Education
Alfond foundation donates $1.5 million to Saint Joseph’s to boost nursing education
The grant will help fund the college’s Center for Nursing Excellence in Standish at a time when Maine faces a shortage of nurses in the workforce.
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Posted inBusiness, Local & State, News
Trade group representing Maine pulp and paper industry folds
Dues to support the Maine Pulp & Paper Association had dwindled to the point where it couldn’t be sustained.
Posted inBusiness, Local & State, News
L.L. Bean has reorganized for its future
The company recently revamped it governance to allow for better management and family representation.
Posted inBusiness, Local & State, News
At Waterville event, speaker talks about millennials in Maine’s workforce
Thomas Dowd gave a presentation to a full crowd at Thomas College, at an event hosted by the Mid-Maine Chamber of Commerce, about how different generations can work side by side.
Posted inBusiness
Wex expands service in Canada
The South Portland company will use Canadian fueling stations obtained through a recent acquisition.
Posted inBusiness
Oxford Networks completes merger with New York firm
The combination of the Lewiston company with Albany-based FirstLight Fiber creates a 5,000-mile network.
Posted inBusiness, Local & State, News
In milestone, Idexx becomes sole Maine-based company on S&P 500 Index
The Westbrook-based animal health diagnostics company is only the second publicly-traded business from the state to ever be included in the bellwether index.
Posted inBusiness, Local & State, News
New owner has high hopes for redeveloping closed Madison Paper mill
Owners New Mill Capital of New York want to find an industrial partner like they did with the closed Hostess Bakery last year in Biddeford to put a part of the shuttered mill property back into use.
Posted inBusiness
Casco Bay Vending acquires two Maine-based competitors
The Lewiston-based company said all three firms agreed that the acquisition would protect jobs and services from out-of-state consolidators.