Atithi LLC pays more than $4 million and plans to upgrade the 117-room hotel and meeting center.
maine businesses
Posted inBusiness, Local & State, News
Purchase of Backyard Farms in Madison seen as positive acquisition
Mastronardi Produce Ltd., of Ontario, said the company will keep the greenhouses running without interruption, and Madison town manger said there won’t be any layoffs.
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Posted inBusiness, Health, Local & State, News
Plan to combine health care systems into one advances at MaineHealth
The boards of nine of the nonprofit’s 10 members approve a plan to get feedback from the communities served by MaineHealth affiliates before a final decision is made in the fall.
Posted inBusiness, Local & State
Moody’s downgrades bond rating for owner of Mercy Hospital
Eastern Maine Healthcare Systems says the low credit rating that stems from a $34.3 million loss in its 2016 fiscal year ‘has no effect on care delivery.’
Posted inBusiness
BIW lands $10 million electrical contract
The award from the U.S. Navy is to acquire certain electrical components.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: On June 13, vote for Question 1 bond to power small-business and tech economy
Through leveraging matching funds, the bond will lead to $100 million for critical R & D, loans and startup capital that will pay dividends in jobs and overall growth.
Posted inBusiness, Local & State, News, Politics
Transportation bonds at center of Maine power struggle ready to sell
Maine Treasurer Terry Hayes expects the $114 million in bonds to close later this month.
Posted inBusiness, Local & State, News, Politics
LePage in Finland on forest products trade mission
The governor is meeting with representatives of companies involved in Finland’s forest products industries as part of the trip organized by the Maine International Trade Center.
Posted inBusiness, Local & State, News, Real Estate
Portside Real Estate Group hires competitors
Portside Real Estate Group says bringing on King + Miller will produce combined annual sales volume of $175 million.
Posted inBusiness
Bangor-based Cross Insurance buys 16th agency in Massachusetts
Appleby & Wyman, which has over 10,000 personal and business clients, will become a Cross wholly owned subsidiary.