The state Public Utilities Commission has closed its summary investigation into potential rate impacts at Central Maine Power, citing a lack of evidence.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Skowhegan company sees surge in orders for Ukrainian flags
Maine Stitching Specialties is selling Ukrainian flags and donating 20% to an organization providing meals for displaced Ukrainians.
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Posted inBusiness, Maine
Russian ship turned away from Maine port
A Russian vessel carrying 8,000 tons of a petroleum-derived product was denied a request to dock at the easternmost tip of the U.S. this month
Posted inBusiness, Nation / World, News
From beer to semiconductors, extended war will hit U.S. state economies
While the U.S. has limited trade ties with Russia and Ukraine, businesses from beer breweries in Missouri to semiconductor plants in California would see an impact.
Posted inBusiness, Maine
Legislature moving to curb ‘dark store theory’ tax assessments
The challenges to assessments of large retail operations can cost communities million in property tax collections.
Posted inBusiness, Lewiston-Auburn, News
Water officials may pursue Lake Auburn filtration plant design
Superintendent Sid Hazelton said the board of trustees is trying to take advantage of federal funding to design a ‘shovel ready’ project, if and when it’s needed.
Posted inBusiness, Lewiston-Auburn
Photo: Out with the old, in with the Olive Garden
The smaller Ruby Tuesday is Auburn is coming down to make way for the 6,600-square-foot, $1.1 million Olive Garden.
Posted inBusiness, Maine, New England
CMP parent Avangrid accused of suing customers in Connecticut over unpaid bills
Maine officials said Monday that they were unaware of any similar actions being taken by Maine utilities, and CMP said it isn’t suing any customers.
Posted inBusiness, Maine
Sap running, if slowly, as central Maine maple producers expect flow to rise with temperatures
Taps are out now, collecting sap to boil down into maple syrup, as back-and-forth weather has slowed maple sugaring slightly.
Posted inBusiness, Maine
Texas semiconductor firm to acquire Onsemi facility in South Portland
The sale is expected to be completed in the second quarter. Terms of the purchase agreement were not disclosed.