Councilor Josh Nagine, who brought the proposal forward, argued Lewiston shouldn’t be profiting off companies that produce ‘collateral damage’ locally and abroad.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Local & State, News
Hammond Lumber Company to buy Waterville-based Ware-Butler, expanding its footprint
Hammond Lumber, based in Belgrade, will add 12 locations in Maine and New Hampshire and consolidate three other stores.
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Posted inBusiness, Food, Local & State, News
How will Trump’s tax breaks on tips affect Maine workers?
Experts weigh in on how this provision of President Trump’s ‘One Big Beautiful Bill’ will work.
Posted inBusiness, Local & State, News
Maine honors fishermen who died at sea. But 2 are excluded from a beloved town memorial.
Four names were added to the Lost Fishermen’s Memorial in Lubec, but the community is in upheaval over a decision not to include Chester and Aaron Barrett because of what some consider an arbitrary and unfair policy.
Posted inBusiness, Local & State, News
A veterans organization’s Portland home is on the market. But will it actually be sold?
The AmVets Post 25 building on Washington Avenue is listed for $1.3 million, but a member says it won’t be sold unless the veterans group can find a new space first.
Posted inBusiness, Local & State, News
CMP’s 5-year plan to add workers, lower storm costs carries big price tag
The company is asking state regulators for permission to increase revenue by more than $400 million between 2026 and 2031.
Posted inBusiness, Local & State, News
Private Swan Island ferry emerges amid debate over public transportation
Since the ferry service linking Richmond to the island was ended in 2023, the public could access Swan Island only with a personal boat or kayak until this month.
Posted inBusiness, Food
Old Port’s Dry Dock restaurant to reopen this week
The landmark Commercial Street restaurant in Portland has been dormant since 2018.
Posted inBusiness, Local & State, News
With Midtown project legal battle over, Portland mulls future for Bayside lots
It cost the city $15 million to settle 3 court cases with a Florida developer, but Mayor Mark Dion believes the land is valuable enough that the city will come out on top.
Posted inBusiness, Local & State, News
2 controversial housing projects in Greater Portland headed to auction
The Mark in Cumberland and a proposal for Hope Avenue in Portland are tied to the same developer, GenX Capital Development, and have run into financial issues.