Forty employees are affected by the decision to end operations, likely by the end of March. The company will maintain a wholesale division for niche markets.
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Posted inBusiness, Local & State
Probes by Maine Bureau of Insurance recovered $1.6 million from companies in 2018
The bureau investigated over 650 cases of improper billing and other bad practices.
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Posted inBusiness, Local & State
Maine’s newest and biggest public company plans to bring 1,200 jobs to Portland
Covetrus Inc., the product of a merger between Vets First Choice and Henry Schein Animal Health, began trading Friday on the Nasdaq exchange.
Posted inBusiness, Local & State
Regulators to consider reducing lobstermen’s lines to protect right whales
The American Lobster Management Board says a reduction of as much as 40 percent is needed to protect the endangered species and avoid stricter federal restrictions on the lobster fishery.
Posted inBusiness, Local & State, News, Politics
Rep. Golden opposes Trump’s NAFTA rewrite
Maine’s 2nd District congressman says the revised trade agreement doesn’t do enough to protect American workers.
Posted inBusiness
Hancock Lumber plans to open a Saco location
Plans call for a lumberyard and a showroom.
Posted inBusiness, Local & State
Ferry operator decided last year to leave Portland. Now, city says it can’t come back.
Facing delays in setting up service in Bar Harbor, Bay Ferries asks to operate out of Portland this year – but that ship had sailed.
Posted inBusiness, Local & State, News
Five takeaways on building a small business in central Maine
At Wednesday’s Central Maine Business Breakfast in Augusta, experts talked about the aspects of building a small business, from when to start to when to quit.
Posted inBusiness, Local & State
CMP sweetens its offer for approval of transmission corridor, to $258 million
In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
Posted inBusiness, Local & State
Regulators threaten CMP with sanctions for failing to fix customer service problems
In a scathing letter, the Public Utilities Commission said the power company has not met performance standards laid out last year.