WEX
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PublishedMarch 16, 2020
Maine employers send workers home, make drastic changes
The coronavirus is forcing large Portland-area businesses to adopt new rules to keep workers healthy and business humming.
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PublishedMarch 13, 2020
Wex ‘strongly encouraging’ its employees worldwide to work from home
The Portland-based payment technology firm says it hopes to have employees fully transitioned to remote work by March 20.
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PublishedMarch 5, 2020
Economic impact of coronavirus cuts into Wex revenue projections
The Portland-based company expects earnings to be down at least 2% for the first three months of this year.
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PublishedFebruary 21, 2020
Letter: Scarborough has already paid for WEX
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PublishedFebruary 19, 2020
Wex gets $2.25 million tax break from Scarborough for expansion plan
A majority of the Town Council agrees that Wex will broaden the tax base and be a great addition to the community.
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PublishedFebruary 13, 2020
Fast-growing Wex reports record revenue of $1.72 billion for 2019
The Portland-based payment processing company reported revenue growth of 15% from a year earlier.
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PublishedJanuary 31, 2020
Letter: WEX is a win for Scarborough
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PublishedJanuary 24, 2020
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex's payment processing position in the global travel industry.
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PublishedJanuary 16, 2020
Wex to build $50 million operations center at The Downs in Scarborough
The 200,000-square-foot facility would be built in the planned village center and house as many as 1,200 employees who are now working in 6 South Portland offices.
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PublishedOctober 31, 2019
Wex reports 19 percent revenue growth for third quarter
The Portland-based payment processing firm's quarterly adjusted net income increased by 16 percent from a year earlier.