Maine has received over $5 million in grants to help develop lobstering gear that avoids tangling with whales — and may be required by federal law in the years ahead. Traditional gear includes ...

Mainspring has raised $3.8 million of the $5.45 million needed to renovate and expand the property at 22 Shapleigh Road. The town of Eliot voters budgeted a contribution of $50,000 and the town of ...

Biddeford manufacturer Fiber Materials Inc., which makes heat-resistant substances and components for the defense and space industries, is expanding with the lease of a 52,000-square-foot ...

Maine's largest brewery announced on Giving Tuesday that it has pledged $100,000 over five years to the nonprofit In Her Presence. Allagash Brewing Co., which is based in Portland, is a ...

The state of Maine now expects to have more money over the next four years than originally anticipated, and will soon have to figure out what to do with the surplus. The Maine Revenue Forecasting ...

Braincube, an international software developer with U.S. headquarters in Portland, has raised $91 million in new equity investment, the company said Wednesday. The funding was led by Scottish ...

Maine's economy has benefited from higher wages, an educated workforce and gains in internet connectivity — but is hampered by ongoing shortages of labor, affordable housing and other things, a ...

Goodwill Northern New England has appointed Tripp Harrison as president and CEO of the regional nonprofit. Harrison will begin his new position on Dec. 1. He succeeds former president and CEO ...

Starting Jan. 1, 2024, most U.S. businesses will have to report information about their “beneficial owners” — that is, the individuals who actually own or control a company — to a federal ...

The Arundel-based Landing School, which offers training for boatbuilders and designers, said Wednesday its president of two years will step down at the end of December. Sean Fawcett, who had been ...

Bangor-based engineering firm Haley Ward Inc. continues to grow with its recent purchase of Dario Designs Inc., an international architectural and operational consulting firm based in ...

The city of Portland has appointed Gregory Watson to lead its Housing & Economic Development Department. Watson has management experience in urban planning and affordable housing for mid-sized ...