Nearly $100,000 will be provided for scholarships to Maine high schools and employers in skilled trades and the manufacturing sector.
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
Covetrus to sell off animal health business, merge another with Spanish firm
Selling a division for $125 million will help the Portland-based company pay down debt, while the merger with Distrivet of Spain will expand its Iberian operations.
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Posted inBusiness, Local & State, News
Maine scales back highway work – but not its price tag
MDOT’s three-year construction plan costs $2.6 billion, but accomplishes less than in past cycles. The top transportation official says ‘the reliability of the system will suffer.’
Posted inBusiness, Local & State, News, Times Record
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
Posted inBusiness, Local & State, News
Portland Metro got a record 2.1 million riders on the bus in 2019
Ridership on the region’s largest public transit system has grown by 45% since 2013.
Posted inBusiness, Local & State, News, Times Record
CMP wins key approval for route of proposed $1 billion transmission line
The state’s Land Use Planning Commission voted Wednesday to certify the 145-mile corridor proposed by Central Maine Power.
Posted inBusiness, Local & State, News
Maine wine and food dealers worry new tariffs will upend business
Severe tariffs on wine, cheese, food and other products from Europe could devastate small businesses in Maine and across the U.S.
Posted inBusiness, Local & State, News, Uncategorized
Biddeford, Mechanics savings banks merge
Maine Community Bank plans to keep all 10 branches open, and has no plans to lay off employees, its CEO says.
Posted inLocal & State, Nation & World, News, Times Record
Maine Turnpike Authority owed more than $824,000 in unpaid tolls
Thousands of vehicle owners have racked up tolls and fees in the past seven years, but there are barriers to collecting the money.
Posted inBusiness, Local & State, News
Craft breweries embrace sustainability along with remarkable growth
Maine’s craft breweries have seen a 32 percent surge over the past five years, but the industry has committed to sustainability measures to protect products and profits.