An op-ed critiquing how effectively Maine’s displaced workers find new jobs painted a bleak picture that doesn’t reflect the many positive actions being taken.
maine businesses
Putin wants Trump to let him interrogate Americans. A Maine man is on his list.
Kyle Parker, who grew up in Old Town, was central to the drafting of the Magnitsky Act, which sanctions Russian human rights abusers.
Week in review: Over 600 customers sue CMP; Jetport lands $4 million grant
Business news from July 15-21.
Belfast shipyard lands maritime grant
The money will be used to buy a new kind of cutting machine that will reduce costs and improve production time.
Maine’s low unemployment rate extended historic streak in June
The rate of 2.9 percent was up slightly from May, but still well below the national average of 4.0 percent.
Androscoggin Bank names new president
Falmouth resident Neil Kiely will also become the bank’s CEO next year.
Federal grant will fund improvements to help jetport handle more passengers
The $3.9 million will pay for a new taxiway and a larger plane parking apron that are part of a 20-year expansion master plan.
Regulators open new probe into complaint that CMP has been gouging customers
A group of customers alleges that Central Maine Power’s rates exceed the PUC’s limit for return on equity.
Portland selected as a testing ground for self-driving car technology
The city hopes its role in the pilot project to test software that maps local traffic rules and restrictions will help it attract companies developing autonomous vehicles.
Portland disability-services company acquired by Massachusetts benefits group
PDA, which provides specialty claims management services and reports revenues of about $15 million, will continue to operate from its Maine location.