It’s becoming clear that achieving Maine’s climate goals is going to require a makeover of its electric grid on a scale that hasn’t happened since the 1970s.
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Posted inBusiness, Maine
Maine pandemic relief loan recipients grow to 8,500 in latest round
The federal program offers a lifeline to small employers struggling amid the pandemic-triggered economic recession.
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Posted inBusiness, Maine
Portland’s Wex reports virus-related financial woes in 2020
Wex, one of Maine’s largest tech firms, reported a drop in revenue and profits for the year, which it attributed largely to the coronavirus pandemic.
Posted inBusiness, Maine
Maine business, education groups tout economic benefits of immigration reform
More than 80 companies and organizations have signed a pledge saying Maine’s economic future relies on state and federal policies that encourage immigration.
Posted inBusiness, Maine
ImmuCell reports 2020 sales boost, new product update
The Portland-based animal health company reported a 12% increase in sales and progress on its efforts to earn regulatory approval for a new product called Re-Tain.
Posted inBusiness, Maine
New business accelerator planned for Portland’s Roux Institute
International entrepreneur network Techstars will provide 10 young companies a year with funding and mentorship at the technology school.
Posted inBusiness, Maine, News, Politics
State validates more than 80,000 signatures for new CMP corridor referendum
The Secretary of State’s Office finds 80,506 valid signatures, more than enough to put the issue on the November ballot.
Posted inBusiness, Maine
U.S. lobster exports to China rebounded in 2020
Maine’s lobster industry sees the boost as a positive sign in a year of declining international trade caused primarily by the coronavirus pandemic.
Posted inBusiness, Maine
Employment barriers for highly skilled immigrants lead to ‘brain waste’ in Maine
Hundreds of immigrants have moved to Maine in recent years, including those with expertise employers in the state desperately need. But many can’t get a job in their field.
Posted inBusiness, Maine
‘Holey Donut’ café changes name after Portland’s Holy Donut sues
The dispute was resolved amicably between the popular Maine doughnut shop and an Oregon café that once bore the allegedly infringing name.