AdvancePierre, which has 300 employees in Portland, wants to expand but also expects to reduce overhead costs.
Edward D. Murphy
Ed covers the City of Westbrook and business stories for the Portland Press Herald.
Posted inBusiness, Maine, News
Trade specialists question science behind proposed export ban on lobsters
Meanwhile, an existing import ban in Norway – inconsistently applied – is a ‘purely environmental’ tactic, one official says.
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Posted inMaine, News
Court awards Maine Yankee $24.6 million to pay for storing radioactive waste
The former nuclear power plant in Wiscasset says it uses the money to cover the roughly $10 million a year it costs to store spent fuel and irradiated steel at the site.
Posted inBusiness, News
The new Cat ferry loses some amenities, but gains lots of speed
The new ferry operator hopes it’s found the formula for success for getting people from Portland to Nova Scotia this summer.
Posted inA Word With the Boss, Business
Word With the Boss: Westbrook metal, glass fabricator helps immigrants make it
Sigco works with the Portland adult education system to recruit asylum-seekers.
Posted inMaine, News
Family foundation buys 258 acres in Gorham for public recreation
The Shaw Brothers Family Foundation purchased the property from ecomaine, the waste and recycling organization, in a transaction valued at $1.75 million.
Posted inBusiness, Maine, News
New ferry expected to make Portland-Yarmouth trip in 5½ hours
The Nova Star is being replaced by the USNS Puerto Rico, a smaller, speedier ship that will be renamed The Cat and begin operating by June 15.
Posted inMaine, News
Maine residents’ income grew slightly in 2015
The rate of growth, at 3.2 percent, was slower than the national average and most New England states.
Posted inBusiness, Maine, News
Maine sought to put struggling health insurance co-op into receivership
The Bureau of Insurance hoped to stem Community Health Options’ losses, partly by ending as many as 17,000 policies, but a federal agency rejected the temporary plan.
Posted inHealth, Maine, News
Pay raises contrast with performance of Maine’s health care co-op
Maine’s Community Health Options members are likely to see significant increases in premiums next year.