The biotech company said it has eliminated a production bottleneck that restricted sales in 2018 despite increased customer demand.
Maine business
Posted inBusiness, Maine, News
To meet renewable energy goals, Maine must take charge on big battery incentives
A 14-member study group is examining the economic, environmental and energy benefits of storage.
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Posted inBusiness, Maine
Second Maine lobstering group rejects state’s plan for protecting whales
The state’s biggest lobster trade group says the concessions sought by the state are out of proportion with the risk the industry poses to endangered right whales.
Posted inBusiness, Food
Owners sell their stake in Portland’s Little Giant restaurant
Andrew and Briana Volk have sold their shares in the Portland restaurant to their business partners to leave more time for their children, new projects and political activism.
Posted inBusiness, Maine, News, Outdoors
Saddleback sale agreement lifts hopes for long-closed ski area to get up and running
After four years of uncertainty, the ski area near Rangeley is expected to reopen in 2020 under the ownership of a Boston investment company.
Posted inBusiness, News
Portland renewable energy company secures $7.5 million in private financing
The backing comes a week after Ocean Renewable Power Co. also received a nearly $4 million federal grant to help develop its technology to harness power from rivers and tides.
Posted inBusiness
Dead River wins national award for veteran hires
The South Portland-based fuel company was honored by the U.S. Department of Labor for hiring and retaining veterans.
Posted inBusiness, Maine, News
Just the ticket: Concord Coach Lines sees more than 50 percent growth in 10 years
The American Bus Association says attention to customer service and carefully planned expansions make the intercity bus service a national model.
Posted inBusiness, Maine
State chamber celebrates Maine bicentennial at annual dinner
The evening was highlighted by guest speaker Patrick Dempsey and a video featuring the state’s seven living governors.
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.