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Business
Local, state and national business news from the Sun Journal.
Closure of Turner egg farm will affect local farms
While organic dairy farmers have relied on hen manure from the facility as a more economical way to fertilize their crops, the closure may result in fewer eggs available for consumers.
Gov. Mills proposes creating a Maine department of energy
The proposal would elevate the Governor’s Energy Office to a Cabinet-level department if approved by lawmakers as part of the budget.
Appeals court takes up challenge to Bar Harbor’s cruise passenger limit
Businesses claim a voter-approved cap on the number of cruise passengers that can visit the town near Acadia National Park is unconstitutional.
Central Maine Healthcare to be acquired by California-based nonprofit
Leaders of Central Maine Healthcare, which includes Central Maine Medical Center, have struggled with funding deficits and have been looking for ways to inject new capital into its hospitals.
Maine Lobstering Union settles racketeering lawsuit
The union claims it lost nearly $2 million in an embezzlement scheme by the family that owns Trenton Bridge Lobster Pound.
cPort Credit Union breaking ground for Lewiston branch
The credit union purchased the property at 321 Main St. earlier this year with original plans to open by the summer of 2025. That has now been pushed back.
USM eliminates 6 marketing positions
A University of Southern Maine administrator said the decision follows an assessment of department strategy. The university plans to create 5 new positions in their place.
Biden administration bans unpaid medical bills from appearing on credit reports
The change is estimated to raise the credit scores of more than 15 million Americans by an average 20 points and could lead to 22,000 additional mortgages being approved every year.
Auburn council gifts land for ‘housing first’ project
If grant funds are awarded, the Auburn Housing Authority and Developers Collaborative would build housing for homeless people.