Business & Development

Federal Marine Terminals, which has operated the Eastport port terminal since 1981, is being acquired by a Canadian stevedoring company, but port operations are not expected to change with the new ownership. Logistec Stevedoring Inc. is acquiring the Canadian and U.S.

A number of municipalities in Washington County have been taking matters into their own hands when it comes to envisioning broadband service to meet their needs in an affordable and reliable manner that also provides high and symmetrical upload and download speeds.

Two Grand Manan residents are working on a project to address both Scotiabank's departure from the community and the inconvenience of accessing mainland medical services.

While cargo shipped through the Port of Eastport this past year was only 2% of what had been shipped in the top years in the past, with only one ship being loaded and the longshoremen being let go, the revenue-based quasi-municipal corporation still managed a net income of over $100,000 in 2022.

Over 130 union workers at the Woodland Pulp mill will not be going on strike after all, following a vote to accept a new offer made by the company.

The idle Jonesboro biomass plant is expected to restart in February or March of the coming year, following the sale of the plant, along with six other biomass plants in Maine, New Hampshire and Massachusetts, under an agreement approved by a bankruptcy court judge on November 23.