The new owners plan to invest as much as $1 million to upgrade the inn and add a fine-dining restaurant.
Whit Richardson
Posted inBusiness
Sale of bankrupt Maine railway’s assets in U.S. to close May 15
The Canadian part of the purchase is awaiting a certificate of fitness.
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Posted inBusiness
Brunswick health care firm plans expansion at former air station
Providence Services Corp. provides child behavioral health and autism services.
Posted inBusiness, Local & State, News
Officials: Lost grant for offshore turbines won’t take wind out of Maine’s sails
Design work will continue with some federal funding.
Posted inBusiness
Personal income from government sources growing in Maine
Called transfer payments, this income is coming from Social Security, unemployment, welfare agencies and Medicaid.
Posted inBusiness, Local & State, News
FairPoint’s request for subsidy a tough call
With landline use dwindling, Maine must decide if guaranteeing basic phone service to remote areas is worth higher bills across the board.
Posted inBusiness
Summit Natural Gas breaks ground in Portland suburbs
The company will lay 245 miles of pipe to link up customers in Yarmouth, Cumberland and Falmouth.
Posted inBusiness
DeLorme patent problem worsens
But the company says the International Trade Commission exceeded its authority with a ruling that increases potential penalties to as much as $7 million.
Posted inBusiness, Local & State
All Maine phone users have stake in rate request
FairPoint wants the state’s landline and cellphone users to cover a big hike in the universal service fee.
Posted inBusiness, Local & State, News
National Wildlife Federation sues for release of tar sands documents
The nonprofit group is seeking a 2008 letter detailing a plan Portland Pipe Line Corp. had to reverse the flow of its Portland-Montreal pipeline to carry tar sands to Maine.