The opposition group, No CMP Corridor, says it has enough signatures to force a statewide vote, but legal experts say the move to overturn a regulatory body’s decision is unprecedented.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
Posted inBusiness, Local & State, News
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
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Posted inAsk ME, Local & State
Why can’t we get more warning about the Casco Bay Bridge opening for ships?
It turns out there is a website for that, but a 126-year-old law means you may not like the full answer.
Posted inBusiness, Local & State, 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.
Posted inBusiness, Local & State, 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, Local & State, 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, Local & State, 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, Local & State, 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, Local & State, 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, Local & State, News
Portland’s Defendify raises $2 million to expand cybersecurity business
The company produces software especially for small businesses to protect their data in an increasingly complex information economy.