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Front Street Shipyard to add up to 40 jobs as result of $667K federal grant

James McCarthy |

Front Street Shipyard expects to add up to 40 new jobs as a result of a $667,028 federal grant that will help fund its purchase and installation of a new waterjet cutting machine that will streamline...

Verso to upgrade Jay mill for specialty papermaking

Staff |

Verso Corp., which stands to receive up to $42 million in a trade dispute settlement with Canadian paper companies approved by the U.S. Department of Commerce earlier this month, is planning to ramp...

BIW, Round Pond firm to pay $447K in EPA settlements

Bath Iron Works and a manufacturer in Round Pound must pay nearly $500,000 in civil penalties to settle federal complaints that they failed to file required reports about their use of toxic chemicals.

Former UTC warehouse sold in Pittsfield

The 144,000-square-foot building was most recently home to the town's largest employer, which closed in 2015.

Verso stands to gain $42M in deal OK'd by Department of Commerce

Staff |

Verso Corp. (NYSE: VRS), which operates a 400-employee paper mill in Jay, could receive up to $42 million from an agreement with Canadian paper producers, after the Department of Commerce granted...

Hussey Seating wrestles with impact of shifting global trade policies

Laurie Schreiber |

If you sit on any high school bleacher in the country, whether it's in Maine, California or Texas, there's a 50/50 chance it was made by one of the nation's largest seating manufacturers,...

U.S. Chamber comes out against new tariffs, details impact on Maine

James McCarthy |

A new analysis by the U.S. Chamber of Commerce shows that roughly $130 million of Maine exports are threatened by new tariffs already imposed or threatened by China, the European Union, Mexico and...

Fine woodworker swings a sledgehammer to carve out larger space in Biddeford

Laurie Schreiber |

BIDDEFORD — The purchase of 366 Main St. in Biddeford will more than double the space available to the fine furniture and architectural carving company Oak & Laurel, as well as make the company...

New owner of Rumford paper mill will retain workers, eyes investment

Staff |

ND Paper LLC, a wholly-owned subsidiary of Nine Dragons Paper Ltd., completed on Friday its acquisition of Catalyst Paper Corp.'s mills in Rumford and Biron, Wisc.

BIW, Kittery shipyards to benefit from defense funding bill

Staff |

The U.S. Senate Appropriations Committee approved on Thursday a 2019 Defense Appropriations Bill that includes critical funding for Bath Iron Works and the Portsmouth Naval Shipyard in Kittery.