PC Construction says in its lawsuit against The Federated Cos. that the developer intentionally created a corporate structure to avoid paying its debt to contractors.
maine businesses
Maine’s April unemployment rate continues streak
A preliminary rate of 2.7 percent is unchanged from March and below 4 percent for the 29th month in a row.
Finalists chosen from 180 businesses for LaunchPad competition
Five small businesses will compete June 5 for a $50,000 grant from Gorham Savings Bank.
CMP ratepayer group demands deeper probe into billing problems
The group, which represents 3,500 customers, says Maine officials need to fully investigate complaints.
John Sullivan, hired in the ’70s to right BIW’s financial ship, dies at 93
He had no shipbuilding experience, but during his tenure the company’s workforce grew by thousands and its safety record improved dramatically.
Seven Maine companies honored at family-owned business event
The Institute for Family-Owned Business broke records for attendance, nominations and awarded its first Hussey internship stipend.
Argo Contact Centers in Lewiston sold to Georgia company
The company’s 300 jobs, including 200 in Lewiston, will remain, according to its founder, Auburn Mayor Jason Levesque.
George Fernald leaves Unity Raceway ownership role
Citing health and financial reasons, Benton man returns track to Ralph Nason.
As businesses face a labor crunch, state pushes to build teen workforce
But advocates warn about the risk of exploitation and the downside of prioritizing work over education.
Plant-based health products get green light at Top Gun pitch-off in Lewiston
Start-ups Plant Botanicals, which has a seaweed skin care line, and Healing Harbors, which sells a cannabis-based oil, head to the finals on May 23 to battle with others for a $25,000 prize.