That’s bad for the forest products industry and jobs as Maine’s biomass power sector continues its struggle to become profitable.
maine businesses
Hearst media company wants WPXT
The media giant, which already owns WMTW, wants to buy the station that carries programming under the MeTV banner.
KeyBank promotes executive to president of its Maine division
‘Chip’ Kelley, a Colby grad who lives in Cape Elizabeth, takes on a new role in addition to his commercial sales duties.
Jeanne Hulit to take the reins at Maine Community Bancorp
The banking veteran and former top SBA official will oversee Biddeford Savings Bank and Mechanics Savings Bank.
Poland Spring selects Lincoln for 9th extraction site
The bottled-water giant’s deal to buy water means district customers likely will avoid rate hikes.
Updated economic road map to next governor: Solve Maine’s workforce issues
The report also calls for expanding broadband access, working to contain health care costs and developing a comprehensive economic strategy.
ImmuCell of Portland sells technology to British firm
The company said the assets were not essential to the business and were part of an initiative it ultimately scrapped.
Maine Med buying building occupied by Pizza Villa restaurant, a West End institution
The hospital intends to help owners Tony and Phil Regios, who want to retire, find a new operator for the longtime neighborhood business.
Maine Med and Tufts extend medical education partnership
The collaboration that started five years ago has been extended to 2029 and is expected to expand.
CMP will give $50 million to help low-income customers in Massachusetts
The Maine-based utility will provide the money over 40 years to help Bay State electricity customers save money on energy.