Category Archives: Economy

Identity of major MOOMilk investor revealed

On May 22, I reported that MOOMilk, an organic milk producer based in Augusta, had just received a $3 million equity investment, the largest single investment in the company’s history. The investor, however, had wanted to remain anonymous, Bill Eldridge, MOOMilk’s CEO, told me last week. Until now… The aforementioned anonymous investor’s name was revealed […]

Entrepreneurial showdown: Top Gun trainees pitch their businesses

The entrepreneurial juices will be flowing Wednesday night at the annual Top Gun Showcase Event, being held at the University of Southern Maine in Portland. Roughly 260 people are expected to attend the event, which will feature entrepreneurs from 17 Maine startups who are all recent graduates of the Top Gun program. The entrepreneurs will […]

Port strike avoided

Remember that impending strike of longshoremen that was going to cripple the country’s East Coast ports, including Portland’s, forcing Maine companies like L.L.Bean and Sappi Fine Paper’s Westbrook paper mill to adopt contingency plans for the import and export of their supplies and products? It turns out the International Longshoremen’s Association and the U.S. Maritime Alliance, which […]