Business & Development

Bond funding to renovate the commercial buildings at the former Cutler naval base is currently being considered in the legislature. On June 4 the Appropriations and Financial Affairs Committee held a hearing on a $5.

Although the first wood chip shipments through the Port of Eastport have been promised before and not materialized, port officials and shippers feel confident that a vessel will be loaded with a trial shipment of wood chips by the end of July.

The push for finfish aquaculture to move from net pens in the water to closed containment systems on land has been gaining momentum, as advocates promoting land-based systems believe they will reduce or eliminate some of the problems...

The boatbuilding company Millennium Marine USA will be starting up on Monday, April 28, reports President Cory Guimond.

Reflecting the hard winter and the slow arrival of spring, the Eastport Port Authority board adjusted its 2014 financial projections downward, at its April 22 meeting.

Baileyville's Woodland Pulp mill will have from 60 to 80 new employees by the end of the first quarter of 2016 because of a planned expansion by owner International Grand Investment Corp (IGIC). Currently the mill employs a little over 300 people.