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Islesford boatbuilding program to expand, part of Maine marine education push

A partnership with Acadia National Park is allowing a nonprofit educational boatbuilding program to expand on the island of Islesford, off Mount Desert Island.

Village Candle taps Eimskip to reach expanding European markets


Village Candle, the Wells-based manufacturer of scented candles, announced today it has reached an agreement with the international shipper Eimskip that will enhance the company's ability to grow its...

Verso foresees better sales in 2018 amid plans to restart paper machine in Jay

Renee Cordes |

Verso Corp. (NYSE: VRS) expects sales to improve in 2018 as it gears up to restart the idled No. 3 paper machine at its Androscoggin Mill in Jay later this year and continues to explore...

At Auburn Manufacturing, Kathie Leonard stokes a global market for heat-resistant materials

Laurie Schreiber |

After winning a critical product-dumping trade case against China in 2017, Auburn Manufacturing CEO Kathie Leonard plans to expand Auburn Manufacturing's facilities to stay on top of a tough global...

New Balance lands $17M contract to make sneakers for U.S. military


The Department of Defense has awarded New Balance a $17.3 million firm-fixed-price contract to provide American-made athletic shoes to initial entry service members upon arrival at basic training.

BIW's $60M tax break bill passes key hurdle

The Legislature's Taxation Committee voted 8-2 on Tuesday to support a bill that would provide $60 million in tax breaks for Bath Iron Works over the next 20 years.

Washburn & Doughty wins bid to build $8.8 million state ferry

Laurie Schreiber |

An East Boothbay shipbuilder said it will add at least 10 to 20 jobs as the result of a state ferry contract awarded last week.

BIW lands $14.9M contract to proceed in frigate competition


The U.S. Navy awarded General Dynamics Bath Iron Works a $14.9 million contract for the concept design of the Navy’s planned guided missile frigate program.

Four other Maine companies receive MTI 'challenge' grants


In addition to awarding $4 million to Verso Corp. to upgrade and restart the Jay mill's idled No. 3 paper machine and $3 million to Montana-based SmartLam to support its plans to build a $23.5...

Verso restarting paper machine, adding 120 jobs at Androscoggin Mill

Verso Corp. announced a $17 million project that will upgrade the currently idled No. 3 paper machine and create 120 full-time jobs at its Androscoggin Mill in Jay.