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Posted inBusiness

‘Manufacturing is in my blood’

NORRIDGEWOCK – Raye Wentworth manages one of the last athletic shoe manufacturing plants in the country. She’s in charge of the New Balance Norridgewock factory, where workers can turn out 7,700 pairs of shoes daily. And though she hasn’t always worked in production, she said a 2004 job change set her on a path that […]

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Sebago Brewing to move soon

PORTLAND – Starting Sunday, Sebago Brewing Co. will not pour any beers in Portland for about a week. The Gorham-based craft brewery and restaurant operator will close its Middle Street pub on Sunday as it moves to a new space. Sebago Brewing will reopen Friday on the bottom floor of a new six-story building on […]

Posted inBusiness

CashStar: Economic bright spot

PORTLAND – David Douglas Stone’s eyes light up when he discusses the growth of his Portland-based tech company CashStar Inc.

“We are catching this technology wave,” said the 54-year-old CEO while standing in a conference room at CashStar’s Portland headquarters. “There is only one direction (we) can go.”

Since founded in late 2008, CashStar, which operates digital gift card programs for major retailers, has grown to 50 staffers and landed national retail clients. In the next two years, Stone plans to triple CashStar’s workforce to meet the surging growth of the digital gift card industry.