Arctaris Impact Fund finalizes a $6.5 million deal for the Rangeley-area ski resort, which has been closed since 2015.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
Posted inBusiness, Local & State, News
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company’s mills in Maine and Wisconsin.
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Posted inBusiness, Local & State, News
Amtrak Downeaster set new ridership record in 2019
More than 574,000 passengers rode the rail service last year, and there are plans for further improvements in southern Maine.
Posted inBusiness, Local & State, News
Idexx reports net income of $428 million in 2019
The Westbrook-based biotechnology company’s net income increased by nearly 14 percent from the previous year.
Posted inBusiness, Local & State, News
Allen’s Coffee Brandy dethroned as Maine’s top-grossing hard alcohol
Though the state’s longtime favorite spirit continues to reign as the leader in volume, Tito’s Handmade Vodka and Fireball Cinnamon Whisky brought in more sales revenue last year.
Posted inBusiness, Local & State, News
Lewiston native puts up $100 million to open Northeastern research center in Portland
David Roux and the Boston-based university will create a graduate school in collaboration with Portland-area tech companies.
Posted inBusiness, Local & State, News
Northeastern to announce new data science institute in Portland
The graduate and research school intends to develop a high-tech professional workforce to strengthen Maine’s knowledge economy.
Posted inLocal & State, Maine Crime, News
Gardiner man, 21, charged in shooting, stabbing of 2 others
Maine State Police aren’t yet identifying the men who were found wounded early Saturday morning on Lincoln Avenue.
Posted inBusiness, Local & State, News
Bill pending in Maine to make producers pay for disposal of packaging
Maine is drafting a first-in-the-nation law to shift the cost of disposing of packaging materials from consumers to private companies.
Posted inBusiness, Local & State, News
Over a half-million guests stayed at Maine Airbnb rentals in 2019
Guests and revenue from the home-sharing service have tripled in the past 4 years.