The Finance Authority of Maine board unanimously approved $2.5 million in loan insurance on a $12.5 million loan, along with a $1 million direct loan.
Maine business
Posted inBusiness, Maine, Uncategorized
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex’s payment processing position in the global travel industry.
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Posted inBusiness, Maine
Sappi Somerset Mill in Skowhegan receives new food safety certification
The certification means the company meets a Food Safety Management Standard that applies to all products produced at the paper mill after its rebuild of its Paper Machine 1.
Posted inBusiness, Maine, News
Fishermen hope Mainers get hooked on ugly – but delicious – monkfish
The underappreciated species is highlighted in a food demonstration next month, part of a series to interest local seafood lovers in Maine’s diverse catch.
Posted inBusiness, Maine, News
Judge temporarily blocks Maine’s new à la carte cable TV law
The preliminary injunction means towns and cities can’t enforce a new law requiring cable companies to offer pricing for individual channels.
Posted inBusiness, Maine, News
CMP aims to restore trust with ad campaign
The TV and radio ads say Central Maine Power has made changes to improve customer service.
Posted inMaine, News
Maine undecided on joining regional plan to reduce vehicle pollution
The Transportation Climate Initiative proposes to reduce greenhouse gas pollution by capping and pricing tailpipe emissions throughout the Northeast.
Posted inBusiness, Maine, News
United to expand summer service to Denver with daily flights from Portland
The expansion of its seasonal service follows similar steps by other airlines that boost efforts by the Portland International Jetport to improve its connections with western destinations.
Posted inBusiness, Franklin
Verso proposes new board leadership to fend off investor coup
The corporate maneuvering does not appear to pose a threat to Verso’s pending sale of the Androscoggin Mill in Jay.
Posted inBusiness, Maine, News
Maine regulators delay decision on CMP billing case
The Public Utilities Commission says new information has been received and it needs another month to evaluate it.