Business & Development

While the New Brunswick government was announcing on June 27 a $3 million loan to Cooke Aquaculture, which will help in the firm's ongoing creation of 230 new jobs in the province, the company released publicly its decision to reopen the Machiasport processing plant in Maine by early next year.

The Calais LNG project team has received approval of its application to the Federal Energy Regulatory Commission (FERC) to participate in FERC's pre-filing process. Under the pre-filing process, Calais LNG will submit detailed project planning, design and environmental data for FERC consideration.

A group supporting a liquefied natural gas (LNG) proposal in Robbinston has now registered a complaint against another company proposing to build an LNG facility.

Maritimes & Northeast Pipeline is proposing another expansion of the capacity of the U.S. portion of its pipeline system to transport new natural gas supplies from EnCana Corporation's Deep Panuke off the coast of Nova Scotia to markets in the northeastern U.S.

Legislation to amend Maine's scallop laws was enacted after the limited entry part of the bill was changed so that fishermen who have not had a scallop license for the past three years will be able to obtain one in the future if they get one before May 1.

The company that owned a popular Eastport business that was destroyed in a February fire will not be re-opening. "Irving Oil has decided, upon careful consideration, not to rebuild its Eastport, Maine, location," states Harry Hadiaris, director of convenience retail for Irving Oil.