Wright Express CEO wins entrepreneur award

SOUTH PORTLAND — Wright Express President and CEO Michael Dubyak has been named “Entrepreneur of the Year” in New England by accounting firm Ernst & Young. “Dubyak is part of a group of outstanding entrepreneurs who were selected by an independent judging panel made up of previous winners of the award, leading CEOs and private […]

Bushmaster Firearms founderstarts new company

PORTLAND — The former owner of Bushmaster Firearms International LLC and other investors have started a new rifle company in the former Bushmaster manufacturing plant in Windham.

Windham Weaponry will make rifles and employ as many as half of the 73 people who worked at the Bushmaster plant, which closed earlier this year. More employees may be hired before the end of the year, said a news release.

“A group of investors felt there was a great opportunity for a new company when Bushmaster Firearms International LLC decided to relocate the company to another state and lay off all its employees,” said the release. “These employees in many cases have 25 years of experience in making one of the finest rifles in the world.”

New rifle company takes over Bushmaster plant

Windham Weaponry will be located in the Windham business park and will begin production in July,

Biofuel development: Big futurein pictures of tiny organisms

YARMOUTH — Kent Peterson likes to point out that oil fields were formed over eons from deposits left by ancient algae.

These days, his company, Fluid Imaging Technologies, is selling a machine that helps speed up the process. It’s called the FlowCAM, and it’s used by companies and research groups to study algae used in the production of biofuel.

“Here’s a company in Maine playing its part in delivering a renewable energy source,” said Peterson, chief executive officer and co-owner of Yarmouth-based Fluid Imaging, which has 22 employees. “Globally, this business will grow a lot.”

Ocean Properties Ltd.: A company that likes to land by the sea

Its strategy: Take advantage of tough times to acquire new property at discount prices.

Hussey Seating acquires Illinois manufacturer

It foresees ‘a significant net job gain’ when Clarin Seating’s operations are moved to North Berwick.

Hussey Seating buys Illinois-based Clarin

Clarin Seating sells folding chairs and stadium seating products. Hussey plans on consolidating the two plants in Maine.

Immucell receives favorable FDA ruling

The ruling means that farmers who treat dairy cows with Immucell’s Mast Out product don’t need to discard the milk during treatment.

Seaglass Village in Wells to sell more cottages

  WELLS — Seaglass Village Cottages, a 65-acre resort community in Wells, is now selling year-round cottages. The company has been selling so-called “three-season” cottages since 2009. The new “four-season” units will be accessible to owners year round, but are classified as vacation homes under local zoning codes, according to a press release. The cottages, […]

Fly-fishing stuff for the non-stuffy

Four entrepreneurs with Maine ties think fly-fishing needs a makeover.

They’ve launched Boston-based Cheeky Fly Fishing, a company that’s trying to inject energy, excitement and youth into a sport that the owners say could use a dose of cool.