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Legal

Case closed: Federal court dismisses lawsuit over Poland Spring labeling

James McCarthy |

Nestlé Waters North America announced today that the United States District Court for the District of Connecticut granted its motion to dismiss a class-action lawsuit by 11 individuals alleging its...

 
Real Estate & Construction

Bates College plans 'transformative' new science and research building

Staff |

Bates College in Lewiston announced Thursday it will break ground in 2019 on a new science building that is intended to expand science education at the college, embrace advanced technologies and...

 

Greenlight Maine extends submissions period for Season 4

Staff |

Due to the high volume of entries the deadline for submissions for Season 4 of Greenlight Maine has been extended to June 1 at 11:59 p.m.

 
Health care

EMHS ends partnerships with Portland and Bangor, citing their $1B opioid lawsuit

Staff |

Brewer-based Eastern Maine Healthcare Systems is leaving substance abuse treatment partnerships it has with Portland and Bangor in response to lawsuits the two cities joined against national pharma...

 
Banking & Finance

Gorham Savings Bank announces LaunchPad finalists

Staff |

Gorham Savings Bank announced on Thursday the five Maine businesses selected as the finalists of its annual LaunchPad small business competition.

 
Forest products

FAME approves financing for Aroostook lumber mill

Staff |

The Finance Authority of Maine at its board meeting on Thursday approved 90% loan insurance on a loan totaling $944,000 by TD Bank to Maibec USA LLC, a wholly owned subsidiary of Groupe Maibec Inc.

 
Health care

UMaine System: Investments needed to meet record number of nursing applicants

James McCarthy |

The University of Maine System anticipates another record year of nursing applications consistent with a four-year growth trend of nearly 20% across the state's public universities. But those...

 
Government & Politics

Two Maine projects to share $2.5M in USDA Community Facilities loans

Maureen Milliken |

Two Maine recipients are among the 50 rural projects that received $243 million in Community Facilities Direct Loans, the U.S. Department of Agriculture announced Tuesday.

 
Real Estate & Construction

MEREDA Index: Real estate activity reaches record in first quarter

Laurie Schreiber |

The MEREDA Index, a quarterly measure of real estate activity in Maine, reached a new record through the first quarter of 2018, driven primarily by rising prices in the residential and commercial...

 
Manufacturing

Former president who oversaw BIW’s record growth in 1970s dies at 93

Former Bath Iron Works president John F. Sullivan Jr., who retired from the shipyard in 1983, died at the age of 93 on May 13.

 
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HOW To'S

How to: Evaluate an Employee Stock Ownership Plan

Bill Haskell |

As business owners consider transition and liquidity options, there are typically three choices: sell to a strategic buyer, a financial buyer or an employee-management group.

How to: Comply with Department of Labor's 7 rules for internships

Dawn Harmon |

Internships: To pay or not to pay? As summer approaches, employers across the state will begin to receive resumes from students seeking practical work experience through internships.

Opinion

What's in your 401(k)? Many simply don't know

Peter Van Allen |

In this issue we tackle the age-old question, When the heck am I ever going to be able to retire?

Downtowns are key to rebuilding communities across the state

Peter Van Allen |

Officials are finding ways to leverage grant money to improve the infrastructure, including broadband networks, that will bring people back to the downtowns. Bringing in retailers is a priority, but...

Good old-fashioned hard work

Peter Van Allen |
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Lists

Maine's largest employee-owned businesses

Ranked by number of Maine employees

RankESOPMaine employees
1The Cianbro Cos., Pittsfield994
2Sargent Corp., Stillwater350

Source: Each employer via survey


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