Business

 

2017 New England Craft Brew Summit

By Broadreach Public Relations on Jan. 20, 2017, at 1:59 p.m.
VIDEO
This is what retail jars of LobsteRx skin care cream might look like if a Maine firm called Lobster Unlimited LLC is successful in developing it and bringing it to market. The company has developed the ointment from lobster hemolymph, or blood, which currently is discarded as waste by millions of pounds each year by Maine lobster meat processors.

Lobster blood could be the next best thing to help treat warts, shingles

By Bill Trotter on Jan. 20, 2017, at 12:45 p.m.
Lobster industry researchers in Maine say they’ve determined that uncooked lobster hemolymph, or blood, has medicinal properties that can be used to treat viruses that cause warts and shingles.

Maine Governor’s Environmental Excellence Award Presented to Sentry EHS

By maura ryan on Jan. 20, 2017, at 11:23 a.m.
Kathie Leonard, president and CEO of Auburn Manufacturing Inc.

Fed ruling: Imports are hurting Auburn Manufacturing Inc.

By Kathryn Skelton on Jan. 19, 2017, at 8:02 p.m.
The president and CEO of Auburn Manufacturing Inc. has scored a preliminary victory in arguing that unfairly cheap imports have hurt business at her company.

Stocks fall as investors ready for Trump’s inauguration

By Caroline Valetkevitch, Reuters on Jan. 19, 2017, at 6:43 p.m.
U.S. stocks fell Thursday, continuing to pull back from the post-election rally, on investor caution ahead of Donald Trump’s inauguration as president on Friday.
Roger Bloomfield, CEO of the Terre Armee Group, announces a partnership with Advanced Infrastructure Technologies, which sells the University of Maine-developed Bridge-in-a-Backpack, on Thursday in Orono. Terre Armee plans to start marketing and selling the bridges in larger numbers across North America and internationally.

Bridge-in-a-Backpack company secures deal with international firm to sell more bridges

By Nick McCrea on Jan. 19, 2017, at 6:39 p.m.
Cannabis can be seen at the Home Grown Maine Medical Marijuana Trade Show at the Spectacular Events Center in Bangor in this April 2014 file photo.

Maine lawmakers speed effort to put hold on marijuana sales

By Christopher Cousins on Jan. 19, 2017, at 4:36 p.m.
Enactment votes on a bill that would delay portions of Maine’s new recreational marijuana law could come early next week after a unanimous committee vote in favor of the bill Thursday.
Brig. Gen. Douglas Farnham, adjutant general of the Maine National Guard, speaks about the Maine Military Authority's contract with the Massachusetts Bay Transportation Authority during a press conference on Sept. 28, 2016, at the Loring Commerce Centre in Limestone.

$7 million rescue package sought for Maine Military Authority

By Anthony Brino on Jan. 19, 2017, at 2:30 p.m.
Gov. Paul LePage’s administration is requesting to use $7 million of the state’s General Fund surplus to help the Maine Military Authority recover from an underbid contract to refurbish Massachusetts transit buses.
Peter Fortunato

Baker Newman Noyes Enhances Cyber and Systems Risk Consultancy With the Addition of Peter Fortunato

By Broadreach Public Relations on Jan. 19, 2017, at 1:40 p.m.
Colleen Hilton, RN, has been named president of Rosscare, EMHS’ not-for-profit company that oversees the Rosscare Nursing Homes in Maine.

Colleen Hilton Assumes Leadership of Rosscare

By Shane Perry, APR on Jan. 19, 2017, at 12:55 p.m.
After the potato harvest, fields like this one near Mantle Lake Park in Presque Isle, seen in 2015, can lay bare until spring. Decades of potato farming in some areas has led to soil depletion and compaction, which many farmers are now trying to manage with cover crops and extended crop rotations.

Treating soil like the living organism it is would benefit potato yields, experts say

By Anthony Brino on Jan. 19, 2017, at 10:23 a.m.
“The challenge is building soil quality in a potato system that’s relying on intensive tillage, and it’s very intensive tillage.”

North East Mobile Health Services Promotes Ellie Adams to Division Manager of Rockport Base

By Marc Minkler on Jan. 19, 2017, at 7:58 a.m.
Bangor developer Roy Hubbard held an open house on March 25, 2016, at the recently renovated Dakin Building apartments in Bangor.

Broad Street luxury apartment building fetches $3.12 million in sale

By Nick Sambides Jr. on Jan. 19, 2017, at 6:30 a.m.
A longtime Broad Street sporting goods store converted into luxury apartments has been sold to an out-of-state developer for $3.12 million.

The First Bancorp Reports Record Results for 2016

By Carrie Warren on Jan. 18, 2017, at 4:41 p.m.

The First Bancorp Reports Record Results for 2016

By Carrie Warren on Jan. 18, 2017, at 4:39 p.m.

The First Bancorp Reports Record Results for 2016

By Carrie Warren on Jan. 18, 2017, at 4:38 p.m.
New Signage Displayed on Big Rick's Restaurant and the County Connection Nightclub in downtown Madawaska. The Town's UDAG grant program assisted with the new signage.

Madawaska Grant Program Assists Businesses with Advertising & Signage

By Town of Madawaska on Jan. 18, 2017, at 4:17 p.m.
Media, wood yard workers, and federal and state officials gather to discuss how $1 million in federal grants will help the state's $8.5 billion forest products industry determine its future during a press conference on Wednesday at the American Forest Management wood yard in Passadumkeag.

Researchers, $1M in grants to help Maine recover from ‘natural disaster’ of mill closures

By Nick Sambides Jr. on Jan. 18, 2017, at 3:59 p.m.
The Oak Ridge National Laboratory will help researchers at the University of Maine tackle the future of bio-based materials, including nanocellular technology, biofuels and additive manufacturing.
The government accused McKesson  of failing to design and use an effective system to detect “suspicious orders” from pharmacies for powerful painkillers such as oxycodone, as required by the Controlled Substances Act.

Largest US drug distributor to pay $150 million in opioid settlement

By Lenny Bernstein, The Washington Post on Jan. 18, 2017, at 2:33 p.m.
The government accused McKesson of failing to design and use an effective system to detect “suspicious orders” from pharmacies for powerful painkillers such as oxycodone, as required by the Controlled Substances Act.
Downtown Bangor

Bangor has plenty of big buildings to fill, but the demand is all small

By Darren Fishell on Jan. 18, 2017, at 1:32 p.m.
As Bangor’s downtown develops to accommodate people gravitating toward urban centers and a growing entertainment corridor, the city enters 2017 with another batch of large properties to fill and a need for affordable rentals.
 

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