The tax-break program for businesses is set to end this year, but a pending bill would extend it to 2023, despite a legislative report raising concerns about a lack of accountability.
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Posted inBusiness, Local & State, News
Bowdoin company buys Massachusetts firm to enhance its brain surgery product line
FHC Inc. expects the acquisition to help neurosurgeons deliver therapies directly into the brain.
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Posted inBusiness, Local & State, News
CVS Health purchases Apothecary by Design
The pharmacy has carved a market niche by focusing on treatments for chronic illnesses.
Posted inBusiness, Local & State, News
Solar array goes online at Brunswick Landing to help power business park
The project is the largest of its kind in Maine for developer ReVision Energy, with 4,500 photovoltaic panels.
Posted inBusiness, Local & State, News
Sears in Bangor slated for closure
Parent company Sears Holdings said it is one of 103 Sears and Kmart stores closing in the next few months.
Posted inBusiness, Local & State, News
Idexx releases details about planned expansion
The project would cost $62 million and would add space to accommodate up to 600 more workers.
Posted inBusiness, Cops & Courts, Local & State, News
Maine customers warned of power bill scam
Callers posing as power company employees demand customers give them prepaid debit card numbers to avoid having their power disconnected.
Posted inBusiness, Local & State, News
Portland leadership training group Lift360 to shut down
The 25-year-old organization will transfer its leadership training programs to statewide organizations.
Posted inBusiness, Local & State, News
Analyst predicts gas prices to increase 19 cents this year over last
GasBuddy expects the average price in 2018 will be $2.57 per gallon, the highest price since gas averaged $3.34 a gallon in 2014.
Posted inBusiness
New president at Portland wealth management firm
Amanda Rand, an executive at Spinnaker Trust, has taken over for company founder Dick Curran.