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New Aroostook chamber director's mantra: 'Rural doesn't mean isolated'

Laurie Schreiber |

LaNiece Sirois, the new executive director for the Central Aroostook Chamber of Commerce in Presque Isle, is looking to forge connections between chamber members as part of a strategy to promote...

Orono company raises more than $1M in early stage venture capital

Staff |

CourseStorm, an Orono company that offers an online class registration and enrollment management service, announced Thursday it completed a $1.15 million early series round of financing.

Court grants Lincoln hospital right to pay wages and bills during Ch. 11 proceedings

Documents filed at U.S. Bankruptcy Court for the District of Maine in the Chapter 11 bankruptcy case by Penobscot Valley Hospital reveal that the Lincoln hospital owes up to $10 million to more than...

Penobscot Valley Hospital files for Chapter 11 bankruptcy

Staff |

Penobscot Valley Hospital filed for Chapter 11 bankruptcy protection Tuesday morning, citing the economic blow to the area of the area's major employer, Lincoln Paper and Tissue, closing in 2015 and...

C&L Aviation Group opens office in Singapore

Staff |

C&L Aerospace, part of Bangor-based C&L Aviation Group, announced today it is opening a satellite office in Singapore to serve commercial and regional airline customers in Asia.

Bangor and Aroostook malls are for sale

Staff |

The Bangor Mall has been listed for auction and Aroostook Centre Mall in Presque Isle is for sale through a streamlined transaction process that allows sellers and buyers to see offers...

New Hermon convenience store reflects expanded business activity

Staff |

A new convenience store at 1739 Hammond St. in Hermon is another sign of the town’s expanded business activity, said Scott Perkins, Hermon's economic and community development director.

Loring Industries lays off six employees

Loring Industries laid off six employees last week due to a seasonal downtown, leaving the Limestone company with a workforce of about 12 employees.

Report: Bangor housing crisis affects economic development

Laurie Schreiber |

An interim report of the Bangor Housing Work Group has found that Bangor is in the midst of a housing crisis that negatively affects workforce attraction and retention and overall economic...

Women’s clothing store Maurices closes at Aroostook Centre Mall

Staff |

The Aroostook Centre Mall in Presque Isle continues to experience fluctuations in its prospects.