Facing delays in setting up service in Bar Harbor, Bay Ferries asks to operate out of Portland this year – but that ship had sailed.
maine businesses
Posted inBusiness, Local & State
CMP sweetens its offer for approval of transmission corridor, to $258 million
In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
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Posted inBusiness, Local & State
Regulators threaten CMP with sanctions for failing to fix customer service problems
In a scathing letter, the Public Utilities Commission said the power company has not met performance standards laid out last year.
Posted inBusiness, Local & State
Merger involving Vets First Choice will create Maine’s largest publicly traded firm
The animal-health tech company, Covetrus Inc., would have annual revenue of about $4 billion.
Posted inBusiness, Food, Local & State
The Wrap: There’s a slew of new places opening
Plus a new brew and the return of a favored event.
Posted inBusiness, Health, Local & State, Maine Cannabis Report, Politics
Protesters rally at State House as lawmakers seek solution to ban on CBD products
More than 100 people turn out to protest the state’s removal order, and Democratic Rep. Craig Hickman of Winthrop introduces a bill to legalize sales of cannabidiol in Maine.
Posted inBusiness, Local & State
Maine lobster orders tank as Chinese turn to tariff-free Canada
What had been one of the busiest times of the year is a reminder of the devastating impact of the U.S.-China trade war and of the need to refocus on domestic Chinatowns and new Asian markets.
Posted inBusiness, Local & State, News
ReVision Energy brings on New Hampshire firm
A merger with Energy Emporium increases the Portland renewable company’s presence in northern New Hampshire.
Posted inBusiness, Local & State
Maine bakery drivers’ lawsuit will become class action
They seek $5 million and want to be classified as employees, not independent contractors, in order to receive benefits.
Posted inBusiness, Local & State
Navy struggles to find a place for Bath-built Zumwalt stealth destroyers
It wanted something that could operate close to shore, attacking land targets and providing support for ground troops. Then came the conflict in landlocked Afghanistan.