The money will be used to build a new transit center outside Acadia National Park, replace buses in Greater Portland and improve service in Bangor.
maine businesses
Posted inBusiness, Local & State
Guilford company gets $51 million contract to expand production of nasal swabs
Puritan Medical Products is one of the world’s only manufacturers of nasal swabs used in COVID-19 testing.
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Posted inBusiness, Local & State
Solar energy farm subscribers in Maine can get a break on electric bills
A Boston-based solar energy developer that’s planning to build 3 solar farms in Maine has begun a marketing campaign offering CMP customers a 15% credit.
Posted inBusiness, Local & State
Supreme court rules CMP corridor referendum unconstitutional
The Maine Supreme Judicial Court finds that the initiative to reverse a decision by the Public Utilities Commission ‘exceeds the scope of the people’s legislative power.’
Posted inBusiness, Local & State
Portland-based ImmuCell reports increased revenue, net loss for second quarter
The bovine health products maker reported sales of $3 million and a net loss of $766,000 for the quarter ending June 30.
Posted inBusiness, Local & State
Nearly 80,000 Mainers still receiving unemployment benefits
At least 77,000 continued claims for jobless benefits were filed in the first week of August as the number of initial claims continued to trend downward.
Posted inBusiness, Local & State
Remotely affected: Empty offices are hurting businesses that serve them
Companies that cater to offices and office workers are finding a challenging business environment with large numbers of people working from home.
Posted inBusiness, Local & State
Portland-based Covetrus reports net income of $54 million for second quarter
The company, which provides veterinary technology, products and services, generated revenue of $1.03 billion for the quarter.
Posted inBusiness, Local & State
Inc. 5000 list of fastest-growing private companies includes 12 in Maine
Portland skincare products maker Brickell Men’s Products had the highest rank in the state, at No. 133, with 3-year revenue growth of 2,774%.
Posted inBusiness, Local & State, News
Federal aid limits COVID-19 damage to Maine state budget
Expanded unemployment benefits, stimulus checks and the Paycheck Protection Program helped to soften the economic impact of restrictions and kept the state’s budget from falling deeply into the red.