‘The biggest obstacle now is financing,’ says Stephen Fitzpatrick, president of Biofine Technology LLC, which is partnering with UMaine on a pilot plant at the site.
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Posted inBusiness, Local & State, News
Pew report: Maine a leader in tax incentive accountability
The group praises Maine’s system of regularly evaluating its 200 state and federal programs to see if they are meeting the intended goals, and the results guide future policy decisions.
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Posted inBusiness, Local & State, News
Elite Airways announces Portland flights to Halifax
The airline will launch the Canadian route at the end of June.
Posted inBusiness, Local & State, News, Politics
Bill to move Monhegan wind power project draws crowd to legislative hearing
Supporters say the legislation is necessary to protect the island’s lobstering and tourism, but opponents say it would kill a UMaine project that could spark a new industry built around deep-water turbines.
Posted inBusiness, Local & State, News
Six Maine companies win prized slots in trade show’s exporter showcase
The diverse set of businesses will be featured on Trade Day in Bangor to raise their international profile.
Posted inBusiness, Local & State, News
Relief in sight for Maine’s hospitality industry on hiring foreign seasonal workers
A congressional budget deal reached Sunday would raise the H-2B visa cap, allowing Maine’s hotels and restaurants to bring in badly needed temporary help.
Posted inBusiness, Local & State, News
Group appeals Maine decision to scale back residential solar incentives
The Conservation Law Foundation’s appeal comes while lawmakers consider reversing a reduction in incentives through legislation.
Posted inBusiness, Local & State, News
Maine catalog giant Dingley Press still growing in the digital age
The company in Lisbon is investing $17 million in new equipment to increase its printing capacity, much of it for online retailers.
Posted inBusiness, Local & State, News
Portland hardware warehouse to close in 2019
Emery-Waterhouse, a subsidiary of Ace Hardware, will close its Rand Road distribution center and eliminate 100 positions in a company restructuring.
Posted inBusiness, News
SMCC adds new certificate programs to course offerings
The community college said it is reacting to business demand with five new non-degree programs.