Also in The Buzz: Brickyard Hollow opening at Flagstaff Landing; Saco Bay Physical Therapy Auburn changes; Roak’s no more.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Cincinnati-based manufacturer acquires Benton company, plans facility at FirstPark in Oakland
The agreement between Meyer Tool Inc. and B&B Precise Products Inc. is expected to allow B&B to raise capital for a $3 million, 15,000-square-foot expansion of its facility on Route 100 in Benton.
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Posted inBusiness, Health, Maine, News
Maine Medical Center nurses protest cuts to paid leave
The hospital acknowledges that it cut paid leave for bereavement, jury duty and military service, saying the benefit was never discussed during contract negotiations with the nurses union this year.
Posted inBusiness, News, Politics
Lobster legislation a ‘Christmas miracle’ for Maine’s industry – if it passes
Maine’s congressional delegation and Gov. Janet Mills on Wednesday made their case for the six-year pause on new lobstering regulations. If approved, money for developing new fishing practices could start flowing this spring.
Posted inBusiness, Nation / World, News
U.S. home sales fell in November for 10th consecutive month
Home prices continued to rise last month, though at a far smaller rate than just a few months ago.
Posted inBusiness, Nation / World, News
Spurred by regulators, 3M to phase out ‘forever chemicals’
The decision comes after environmental regulators designated the chemicals — used in nonstick frying pans, water-repellent sports gear, stain-resistant rugs, cosmetics and countless other consumer products – as hazardous substances.
Posted inBusiness, Maine, News
PUC rejects proposed $75 power bill credit for low-income Mainers
The Maine Public Utilities Commission said the credit would have shifted costs to other struggling electricity customers.
Posted inBusiness, News, Politics
Federal spending bill would pause new regulation of Maine’s lobstering industry
The bill before Congress would halt new regulations of the state’s iconic fishery for six years while work is done to develop gear that is potentially less threatening to endangered whales.
Posted inBusiness, Maine, News
Worker shortages put Maine plowing operations between a rock and a snowbank
Businesses are having trouble hiring enough drivers to clear lots and driveways, and the Department of Transportation also is understaffed heading into winter.
Posted inBusiness, Maine
Walmart weighs options as state board denies ‘dark store’ tax appeal in Thomaston
The retail giant argued that the store’s appraisal should be based on its potential to be sold to a new occupant, not whether it housed a ‘thriving business.’