The Maine Military Authority is set to receive $7 million through the governor’s supplemental budget, putting the state business on track to move forward on the paused contract to refurbish public buses for the Massachusetts Bay Transportation Authority.
The tech scene in the U.S. has been expanding beyond the borders of the West Coast for several years. In fact, in 2015 Silicon Valley lost more than 7,500 residents, marking the first time in four years that the technology hub has experienced a net loss in population, according to a study by the Silicon Valley Competitiveness and Innovation Project.
MEGA Industries, a Gorham manufacturer of high-power microwave components, reported record revenues of $12 million, a 32% gain from a year earlier.
A shuttered, 24-megawatt power plant fueled by wood chips in Penobscot County is expected to come back on line by the end of June, bringing an estimated 300 jobs to the area. Read More »
Sappi Ltd., the South African company that owns two paper mills in Maine, announced in Johannesburg today it will invest $165 million in Paper Machine No. 1 at its Somerset Mill in Skowhegan.
L.L.Bean is moving to a larger production facility in Lewiston in order to meet customer demand for its iconic boots. Read More »
Tyler Technologies Inc. (NYSE: TYL) signed a $16.8 million contract with the Maine Judicial Branch to implement a unified electronic case management system for all courts and types of legal cases in the state. Read More »
The Finance Authority of Maine has approved a $500,000 direct loan to Forefront Brick South LLC to help finance property improvements and working capital related to the redevelopment of a vacant building into an events center at Thompson’s Point in Portland. Read More »
KOKADJO — The Appalachian Mountain Club reports that more than 50 local workers, including a dozen Maine contractors, have been employed in the construction of its new lodge and cabins on Second Roach Pond near Kokadjo. Read More »