https://preprod.pressherald.com/tag/maine-businesses/page/103

maine businesses

Published
February 19, 2020

ImmuCell reports 25 percent revenue increase in 2019

The Portland-based animal health company still reported a $1.3 million net loss for the year.
Published
February 19, 2020

CMP brings back former CEO in effort to regain public’s trust

David Flanagan will serve as executive chairman of the electric utility's board of directors, and CMP President and CEO Doug Herling will report directly to him.
Published
February 18, 2020

Public takeover of Maine’s electric utilities could bring higher rates, tax revenue losses

But the switch could lead to lower rates over 30 years, according to an analysis by independent consulting firm London Economics.
Published
February 14, 2020

CMP shrugs off referendum, plans to start work on $1 billion transmission corridor

Central Maine Power, which needs 2 more permits for the power line, says it plans to begin construction this spring and has contracted with 3 Maine companies to provide wooden ‘mats’ it will use to move heavy equipment through the North Woods.
Published
February 14, 2020

Report questions effectiveness of Maine tax incentive programs

Maine's business equipment tax reimbursement and exemption programs are costly for municipalities and don't appear to be effective at getting businesses to invest more in new equipment.

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Published
February 13, 2020

Maine public housing agencies to receive $9.5 million for upgrades

Almost 20 housing authorities were granted funds from the U.S. Department of Housing and Urban Development.
Published
February 13, 2020

Portland jetport to receive $4.5 million grant for taxiway project

The funding was awarded through the U.S. Department of Transportation’s Airport Improvement Program.
Published
February 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.
Published
February 13, 2020

Midwinter drop in energy costs gives Mainers unexpected relief

A combination of unseasonably warm temperatures and lower prices for heating oil and gasoline offers a welcome change from the norm.
Published
February 13, 2020

Olympia Snowe Women’s Leadership Institute adds two board members