In one case, Maine diners will get a discount on their check in return.
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Posted inBusiness, Maine, News
Saddleback finally has a new owner, with plans to reopen slopes next season
Arctaris Impact Fund finalizes a $6.5 million deal for the Rangeley-area ski resort, which has been closed since 2015.
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Posted inBusiness, Maine, News
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company’s mills in Maine and Wisconsin.
Posted inBusiness, Maine, News
Amtrak Downeaster set new ridership record in 2019
More than 574,000 passengers rode the rail service last year, and there are plans for further improvements in southern Maine.
Posted inBusiness, Maine, News
Idexx reports net income of $428 million in 2019
The Westbrook-based biotechnology company’s net income increased by nearly 14 percent from the previous year.
Posted inBusiness, Maine, News
Some customers dissatisfied with regulators’ ruling on Central Maine Power
Numerous consumers who have complained of inexplicably high bills said they aren’t expecting any major changes as a result of the Maine Public Utilities Commission’s decision on the billing controversy.
Posted inBusiness, Maine, News, Times Record
State jolts CMP with $10 million penalty for mishandling billing and customer service
Gov. Janet Mills called for greater accountability from the state’s utilities after the Public Utilities Commission voted to reduce Central Maine Power’s earnings as punishment for the problems with its mismanagement of a new billing system.
Posted inBusiness, Maine, News
Maine’s delegation pushes for more visas to help fill seasonal jobs
The number of federal H2B visas available typically falls far short of demand, forcing some tourism and other businesses to cut hours and services.
Posted inBusiness, Maine, News
Allen’s Coffee Brandy dethroned as Maine’s top-grossing hard alcohol
Though the state’s longtime favorite spirit continues to reign as the leader in volume, Tito’s Handmade Vodka and Fireball Cinnamon Whisky brought in more sales revenue last year.
Posted inBusiness, Maine, News
CMP admits poor handling of winter disconnect notices
The embattled electric utility vowed to stop issuing the notices temporarily while insisting that the wording didn’t violate state rules.