In 1900, when men of vision built Great Northern Paper Co. in the shadow of Katahdin, decades of prosperity followed. Then the hard times came – and settled right in – leaving a community in desperate search of a viable future.
Whit Richardson
Posted inBusiness, News
Winxnet acquires Boston-area IT firm with 40 employees
The acquisition ‘further legitimizes us as a regional lT consulting company, not only here in the Northeast, but on the entire East Coast,’ says Chris Claudio, Winxnet CEO.
advertisement
Posted inBusiness, Local & State, Politics
LePage fires president of Maine Technology Institute
Gov. Paul LePage removes Robert Martin, who led the organization that provides grants and zero-interest loans to entrepreneurs and technology companies.
Posted inBusiness, Local & State
Maine coast to serve as research lab
UMaine will lead a $20 million effort to study the effects of establishing a sustainable aquaculture industry.
Posted inBusiness
Verso restructures debt to move ahead with NewPage merger
The merger would combine Verso Paper and its three paper mills, including those in Bucksport and Jay, with NewPage’s eight paper mills, including one in Rumford.
Posted inBusiness, News
Verso Paper gets closer on debt deal to allow big merger
The restructuring, with a midnight deadline, is critical to acquiring NewPage and creating an industry giant with three Maine mills.
Posted inBusiness
The Portland area’s payment technology players
Four payment technology companies created a foundation for what’s become the Portland area’s cluster of payment technology companies. WEX Founded: 1983, as Wright Express Services: Provides fuel cards and payment services to companies with vehicle fleets; it has expanded into travel and health-care industries Current CEO: Melissa Smith Employees: 1,200 globally, 600 in Maine Revenue, […]
Posted inBusiness
Payment-technology firms clustering in Portland
The city’s reputation as an innovation hub is rising, with about a dozen companies that employ 1,100 people.
Posted inBusiness, Local & State
Venture capital investment jumps in Maine
The $16.1 million spent on a pair of startups is the highest quarterly total for the state since late 2011.
Posted inBusiness
Portland startup joins online wedding marketplace
Tide Creative launches website to unlock untapped marketing potential of professional wedding photographs.