The Portland Foreside Development Co. says it needs city help financing as much as $70 million in public improvements to help its ambitious business district plans.
Maine business
Posted inBusiness, Local & State, News
L.L. Bean wades into New York Fashion Week with clothing ‘inspired by the outdoors’
For the first time in its 108-year history, the Freeport retailer had a collection shown on a fashion runway in New York on Wednesday. The clothes will be on sale in the fall.
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Posted inBusiness, Local & State, News, Outdoors
Saddleback buyer gets final piece of financing package
The Finance Authority of Maine board unanimously approved $2.5 million in loan insurance on a $12.5 million loan, along with a $1 million direct loan.
Posted inBusiness, Local & State, Uncategorized
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex’s payment processing position in the global travel industry.
Posted inBusiness, Local & State
Sappi Somerset Mill in Skowhegan receives new food safety certification
The certification means the company meets a Food Safety Management Standard that applies to all products produced at the paper mill after its rebuild of its Paper Machine 1.
Posted inBusiness, Food, Local & State, News
Fishermen hope Mainers get hooked on ugly – but delicious – monkfish
The underappreciated species is highlighted in a food demonstration next month, part of a series to interest local seafood lovers in Maine’s diverse catch.
Posted inBusiness, Local & State, News
Judge temporarily blocks Maine’s new à la carte cable TV law
The preliminary injunction means towns and cities can’t enforce a new law requiring cable companies to offer pricing for individual channels.
Posted inDo This, Food
Eat & Run: It’s bye-bye bakery, hello hummus at Monument Square lunch spot
Just in time for your New Year’s resolution, Nura adds healthful vegetarian options to downtown Portland.
Posted inBusiness, Local & State, Maine Cannabis Report, News
New hemp rules would raise fees, change calculations for THC thresholds
The state’s proposal would double the per-acre cost for farmers and change the way the psychoactive element of hemp is measured.
Posted inBusiness, Local & State, News
VA submits plan to build community clinic on West Commercial Street in Portland
The U.S. Department of Veterans Affairs proposes a 62,000-square-foot clinic and an adjacent 382-space covered parking garage at the site of an abandoned rail spur west of the Casco Bay Bridge.