maine businesses
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PublishedJanuary 15, 2020
Covetrus to sell off animal health business, merge another with Spanish firm
Selling a division for $125 million will help the Portland-based company pay down debt, while the merger with Distrivet of Spain will expand its Iberian operations.
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PublishedJanuary 15, 2020
China trade deal could help Maine lobster industry
The deal requires China to spend $32 billion over next 2 years on U.S. agricultural goods, which could include lobster.
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PublishedJanuary 15, 2020
Portland-based R.M. Davis names new leadership team
The changes come after last fall's retirement of the wealth management firm's founder, Robert M. Davis.
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PublishedJanuary 15, 2020
Westbrook-based Idexx promotes 5 executives
The moves come 3 months after Jay Mazelsky was named president and CEO for the veterinary diagnostics company.
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PublishedJanuary 15, 2020
The Wrap: A new podcast, a new wine festival and 3 new restaurants
Also, a new owner for a popular Bar Harbor lobster pound and restaurant.
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PublishedJanuary 14, 2020
Southern Maine commission fills new sustainability post
Bowdoin College graduate Karina Graeter will help coastal towns tackle sea level rise and reduce greenhouse gas emissions.
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PublishedJanuary 13, 2020
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
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PublishedJanuary 9, 2020
Portland-based Ocean Renewable Power Co. names new CEO
Company director Stuart Davies will become head of the renewable energy company following co-founder Chris Sauer's retirement on Jan. 20.
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PublishedJanuary 9, 2020
CMP systems weren’t to blame for shocking bills, report says, but mismanagement led to errors
The Public Utilities Commission staff found CMP mismanaged the billing system's rollout and it made several recommendations, including a rate hike for customers.
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PublishedJanuary 9, 2020
Feds award nearly $14 million in grants to fight homelessness in Maine
Some of the Housing and Urban Development funds also will be used to connect residents with affordable housing programs and services.
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