Verso Corp. plans to add products and increase production at its mill in Jay where about 500 people work.
Maine business
Posted inBusiness, Local & State
Portland ship designer receives $8 million Navy contract
Navatek’s contract will allow it to expand its staff from 22 to 50, and deepen its partnership with the University of Maine.
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Posted inBusiness, Local & State
Stonewall Kitchen sold to Boston investment firm, with eye toward growth
The York-based specialty foods company employs about 300 people in Maine.
Posted inBusiness, Local & State, News
Wex reports 19% revenue increase for second quarter
The Portland-based payment processing firm’s adjusted net income increased by 10 percent from a year earlier.
Posted inBusiness, Local & State
BIW union official cleared of misconduct claims
All claims against Local S6 Chief Steward Raymond Gauthier have been dropped by the International Association of Machinists and Aerospace Workers.
Posted inBusiness, News
Touchdown! Maine ice cream company teams up with Patriots
Just in time for National Ice Cream Day on Sunday, Gifford’s announces a cool new partnership with the six-time champions.
Posted inBusiness, Local & State, News
Maine companies contribute to NASA projects
Fiber Materials Inc. and bluShift Aerospace are among the companies in the state working on the future of space exploration.
Posted inBusiness, Local & State, Uncategorized
Screening machine error at jetport leads to flight delays
Nearly 200 checked bags fail to be loaded on flights after security screening machines shut down.
Posted inBusiness, Local & State, News, Sports
Boston investment firm still pursuing purchase of Saddleback ski area
But the Arctaris Impact Fund says the $10 million in federal tax incentives it is eligible for doesn’t figure in those negotiations.
Posted inBusiness, Local & State, News
Market shifts prompt bill to shore up Maine recycling programs
The state’s environmental agency is drafting legislation to prod manufacturers to pay a portion of recycling costs, while cities and towns grapple with what to do with their recyclables now.