Calif.-based LED manufacturer relocates to southern Maine

Cheryl RauMainebiz, News

BY MAINEBIZ STAFF Cirrus LED Systems, a worldwide leader in LED technology and a member of the Inc. Magazine list of fastest-growing private companies in the nation, has relocated its headquarters and manufacturing operations from San Francisco to Saco. Prior to the move last month, the company had maintained a small East Coast sales office on Middle Street in downtown … Read More

Composites in the News

Maria McIntyreNews

As applications for composites and hybrids continue to diversify and grow, so does this unique niche industry in Maine. Composites in the News May 2017  

Finnish aircraft firm picks Brunswick Landing for U.S. headquarters

Cheryl RauMainebiz, News

BY JAMES MCCARTHY Brunswick Landing has been selected as the headquarters for a joint venture between the Finnish aircraft company Atol Avion and a U.S.-based investor group that plans to build and distribute an amphibious light sport aircraft in the North American market. “They’ll be starting off in TechPlace,” Steve Levesque, executive director of Midcoast Regional Redevelopment Authority, told Mainebiz … Read More

Fourth happiest state? It’s Maine

Cheryl RauMainebiz, News

A national report analyzing five metrics for each of the 50 states puts Maine as the fourth-highest state overall for well-being. That ranking, announced today as part of the Gallup-Healthways State of American Well-Being series, is up nearly 20 spots from last year. The report looks at how states compare across the five elements of well-being: Purpose, defined as “liking … Read More

US, Maine in Top Ranks for Investment, Economic Growth

Cheryl RauNews

The IBM Institute for Business Value released its tenth edition of the Global Location Trends Annual Report citing continued growth in foreign direct investment in 2015 with the U.S. still the destination of choice. China moved to third as India eked out the second spot. High quality jobs, those that pay well or require higher skill are the result of … Read More

Online retailer Wayfair to add 950 jobs in Bangor, Brunswick

Cheryl RauBangor Daily News, News

By Darren Fishell and Nick McCrea, BDN Staff The online home furnishings giant Wayfair will open a pair of contact centers in Maine, bringing 450 jobs to Bangor and 500 to Brunswick, the company confirmed Thursday. The Boston-based competitor of retailers such as Bed Bath & Beyond, Amazon and Target anticipates moving in August to the call center occupied by … Read More

TechPlace biotech firm now taking U.S. orders

Cheryl RauMainebiz, News

Swiss biotech company InSphero AG, a supplier of 3D microtissues for drug testing, said it started taking and processing orders with North American customers on Feb. 1 through its U.S. subsidiary at Brunswick Landing’s TechPlace incubator. Stewart Hunt, the general manager of the Brunswick company, said the transition will simplify order fulfillment for customers in the company’s largest market, because … Read More

How This Tiny East Coast City of 70,000 People Is Churning Out Fast-Growing Startups

Cheryl RauInc., News

BY ANNA HENSEL Not only does Portland have less than one-tenth of San Francisco’s population, it’s also home to multiple companies that have raised tens of millions of dollars in funding. When it comes to the fastest-growing startup hubs in the U.S., it’s fairly easy for big cities like New York and San Francisco to dominate. Smaller cities like Portland, Maine, however, … Read More

Italian storage manufacturer Modula opens factory in Lewiston

Cheryl RauMainebiz, News

Modula, an Italian manufacturer of automated picking and storage solutions for factories and warehouses, recently established its North American headquarters by opening a new factory in Lewiston. The company held a ribbon-cutting ceremony Friday at the facility, which covers more than 102,000 square feet of production and engineering space and houses 50 people, according to the company. Modula said it … Read More