The Westbrook-based biotechnology company is also suspending some benefits, including a 401(k) match, as it deals with fallout from the coronavirus pandemic.
idexx
Posted inBusiness, Maine, News
Maine employers send workers home, make drastic changes
The coronavirus is forcing large Portland-area businesses to adopt new rules to keep workers healthy and business humming.
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Posted inBusiness, Maine, News
Idexx tested thousands of cats and dogs for coronavirus. None had it.
The Westbrook-based veterinary diagnostics firm says the tests confirm earlier assessments that pets cannot contract the disease.
Posted inBusiness, Maine, News
Idexx reportedly laying off workers in Wisconsin
The newspaper Wisconsin State Farmer reported that the Westbrook-based company plans to lay off more than 50 workers at two facilities.
Posted inBusiness, Maine, 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, Maine, News
Amid leadership change, Idexx reports double-digit earnings growth for third quarter
The Westbrook-based veterinary diagnostics firm revised its earnings forecast downward for the fourth quarter, citing the added costs of transitioning to a new CEO.
Posted inBusiness, Maine, News
Head of Idexx gives up post 4 months after cycling accident left him paralyzed
Jonathan Ayers, chairman and CEO of the Westbrook-based company, suffered a spinal cord injury in the accident in June.
Posted inBusiness, Maine, News
Biological sciences industry on the rise in Maine, new report shows
Job growth in the sector has been 14% over the past 5 years, compared with only 4% for all industries combined, says the Bioscience Association of Maine.
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As attitudes, laws around working mothers evolve, BIW installs lactation facilities
To be in compliance with Maine state law, an employer must provide a space, other than a bathroom, for nursing mothers to express breast milk for up to 3 years after childbirth.
Posted inNews
Idexx taps state tax breaks in exchange for job creation
The veterinary services company is in line for about $800,000 a year over 20 years in refundable tax credits, but it has to meet benchmarks.