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Yale Cordage wins Trade Day's 'Best in Show' honors for second straight year

Staff |

Yale Cordage, a Saco company that makes a wide range of specialty ropes for key industries such as mining and arboriculture, took home the “Best in Show” trophy at Trade Day 2018 for a...

American Roots to expand space, workforce with move to Westbrook

The Portland apparel company American Roots has signed a lease to move to a 14,000-square-foot space in the Dana Warp Mill in Westbrook and eventually add up to 10 new employees.

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.

Blue Hill marine division building bridges for NYC skyscrapers

The marine division of Hewes & Co. in Blue Hill is constructing the hard-maple cladding for an 88-foot steel-frame bridge that will connect luxury-condominium skyscrapers on Riverside Drive in...

Front Street Shipyard begins long-awaited expansion

Staff |

Front Street Shipyard in Belfast announced Friday that it has finalized the financing it needed to begin construction of a new facility adjacent to its existing yard on the Belfast waterfront.

Lyman-Morse Boatbuilding expands its market through innovation and diversification

Laurie Schreiber |

Drew Lyman is president of Lyman-Morse Boatbuilding Inc. in Thomaston. He's cited innovation and diversification as key to keeping pace in an industry vulnerable to...

Regional approach needed to maintain shipyard workforce

Staff |

The Seacoast Shipyard Association is seeking to increase partnerships with schools to develop potential workers for the Portsmouth Naval Shipyard.

Loring Industries in line for more bus rehab work

Loring Industries, located at the former Loring Air Force Base in Limestone, has landed another bus refurbishing contract involving work similar to the $20 million bus renovation project for the...

Brunswick maker of all-weather speakers merges with Michigan company

Staff |

Michigan-based Leon Speakers has acquired Terra Speakers, a Brunswick manufacturer of all-weather speakers, in a merger of the two companies that is expected to add dozens of products to Leon's...

CEI Ventures closes $500K investment in Biddeford startup

Staff |

CEI Ventures Inc., a for-profit subsidiary of CEI that has made over $28 million in direct investments in 55 companies since its founding in 1994, announced today that it has closed on a $500,000...