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.
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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.
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Posted inBusiness, Maine
Pub to open in former Winslow pizza shop, marking town’s 4th restaurant-bar
Scott McIntire, who also owns The Old Goat Pub in downtown Richmond, plans to open the Two Cent Pub at 82 Clinton Ave. in Winslow by April.
Posted inBusiness, Franklin, News
Prospective Saddleback buyer nears deadline to raise $2 million to close the deal
Arctaris Impact Investors has given itself until Dec. 16 to raise the money through a nonprofit.
Posted inBusiness, Maine, News
Forty companies apply for Maine cannabis licenses on first full day
Marijuana growers, retailers and manufacturers submitted applications for state licenses leading up to a March 2020 target for retail sales.
Posted inBusiness, Maine, News
Nearly $1 million allocated to help market Maine agricultural products
The money from the Department of Agriculture is designed to strengthen local and regional markets for Maine foods.
Posted inBusiness
Ousted Prime Automotive Group CEO sues to be reinstated
David Rosenberg says GPB Capital Holdings violated dealership franchise agreements with auto manufacturers when it fired him in September.
Posted inBusiness, Maine
MaineHousing gives 5 affordable housing projects a $6.8 million boost
Projects in Portland, South Portland, Waterville and Bangor will create or preserve 275 affordable housing units, says the housing authority.
Posted inBusiness, Maine, News
Maine eyed for project that converts electricity to storable gas
Wind and other renewables produce excess power that could be used in the state’s natural gas pipeline system.
Posted inBusiness, Maine, News
Johnny’s Selected Seeds to expand, following purchase of Winslow facility
The Maine-grown seed company closed on a $1.65 million purchase from the town of Winslow on Tuesday.