The well-known entrepreneur will remain involved in the Portland company as an adviser.
maine businesses
Posted inBusiness, Local & State, News
Panel considers gas tax, state money to boost Maine’s highway funding
A commission scheduled to finish work at the end of 2019 will ask for more time to draft a long-term solution to Maine’s road funding shortfall.
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Posted inBusiness, Local & State, News
Bangor Savings Bank to acquire Damariscotta Bank & Trust
The combined company would have $4.8 billion in assets and more than 60 branches in Maine and New Hampshire.
Posted inBusiness, Local & State, News
More turnover at Covetrus as executive accused in investors’ lawsuit steps down
Executive Vice President and Chief Financial Officer Christine Komola leaves her job two months after the company’s former president and CEO, Benjamin Shaw.
Posted inBusiness, Local & State, News
Portland-based Logically makes fifth acquisition in 18 months
Logically increases its workforce to over 250 people with the purchase of Nevada-based IQ Technology Solutions, its fifth acquisition since July 2018.
Posted inBusiness, Local & State
Economic gaps underscore perception of 2 Maines
Cumberland and York counties account for nearly 50 percent of the state’s GDP, a new report finds.
Posted inBusiness, Local & State, News
Reducing emissions from transportation is a long, difficult road for Maine
A preference for pickups, paltry spending on public transit options and slow adoption of electric vehicles create significant obstacles for the state’s ambitious goals.
Posted inBusiness, Local & State
Maine minimum wage to rise, overtime rules to change Jan. 1
The state Department of Labor reminds workers and employers that a suite of changes to state and federal minimum wage and overtime laws is coming in less than 3 weeks.
Posted inBusiness
Volkswagen, Toyota threaten to revoke Saco dealerships’ franchise rights
The auto manufacturers blasted Prime Motor Group owner GPB Capital Holdings for firing former CEO David Rosenberg without their approval.
Posted inBusiness, Local & State, News, Uncategorized
Morrison Center to merge with Bangor group
The Scarborough nonprofit offers services to people with disabilities, and says its merger with UCP of Maine will allow for strategic growth and long-term viability.