maine businesses
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PublishedFebruary 11, 2019
Orono-based tech startup CourseStorm receives $1.2 million investment
The fast-growing company produces class registration software for learning institutions, community programs and other organizations.
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PublishedFebruary 8, 2019
After 121 years, Jagger Bros. will cease making yarn in Sanford
Forty employees are affected by the decision to end operations, likely by the end of March. The company will maintain a wholesale division for niche markets.
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PublishedFebruary 8, 2019
Probes by Maine Bureau of Insurance recovered $1.6 million from companies in 2018
The bureau investigated over 650 cases of improper billing and other bad practices.
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PublishedFebruary 8, 2019
Maine’s newest and biggest public company plans to bring 1,200 jobs to Portland
Covetrus Inc., the product of a merger between Vets First Choice and Henry Schein Animal Health, began trading Friday on the Nasdaq exchange.
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PublishedFebruary 7, 2019
Regulators to consider reducing lobstermen’s lines to protect right whales
The American Lobster Management Board says a reduction of as much as 40 percent is needed to protect the endangered species and avoid stricter federal restrictions on the lobster fishery.
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PublishedFebruary 7, 2019
Rep. Golden opposes Trump’s NAFTA rewrite
Maine's 2nd District congressman says the revised trade agreement doesn't do enough to protect American workers.
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PublishedFebruary 7, 2019
Hancock Lumber plans to open a Saco location
Plans call for a lumberyard and a showroom.
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PublishedFebruary 7, 2019
Ferry operator decided last year to leave Portland. Now, city says it can’t come back.
Facing delays in setting up service in Bar Harbor, Bay Ferries asks to operate out of Portland this year – but that ship had sailed.
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PublishedFebruary 6, 2019
CMP sweetens its offer for approval of transmission corridor, to $258 million
In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
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PublishedFebruary 6, 2019
Regulators threaten CMP with sanctions for failing to fix customer service problems
In a scathing letter, the Public Utilities Commission said the power company has not met performance standards laid out last year.
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