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RE/MAX report sees April home sales, prices up in Maine

Posted on May 16, 2012 by Matt Wickenheiser

Both Maine and Massachusetts saw year-over-year increases in median home sales prices, according to the RE/MAX of New England Monthly Housing Report for April, the second consecutive month the two states have show improvements. According to the report, Maine saw … Continue reading →

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Posted in Business

Bank of America names new state president for Maine

Posted on May 15, 2012 by Matt Wickenheiser

Bank of America announced it has named a new state president for Maine, Bill Williamson. According to a BofA statement sent out today, Williamson is a Maine native and Falmouth resident who has been with the company since joining a … Continue reading →

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Posted in Business

Gov. LePage awards six for ‘business excellence’

Posted on May 14, 2012 by Matt Wickenheiser

Six companies that demonstrate “a high level of commitment to their community, employees and to manufacturing or service excellence” were presented with a 2012 Governor’s Award for Business Excellence on Monday. The awards were administered by the Maine Department of … Continue reading →

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Posted in Business, Politics

Portland’s ImmuCell returns to profitability in latest quarter

Posted on May 14, 2012 by Matt Wickenheiser

Portland-based ImmuCell Corp. reported profits of $155,000 in the most recent quarter, up from a loss in the same period a year ago. ImmuCell is a small veterinary biotech company with products aimed at the dairy cow market. The company … Continue reading →

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Posted in Business

Verso Paper losses continue in Q1

Posted on May 14, 2012 by Matt Wickenheiser

Verso Paper said it lost $73.9 million in the first quarter, according to a statement released Monday. That was compared to a loss of $44.5 million in the same period a year ago. Verso operates mills in Bucksport and Jay, … Continue reading →

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Posted in Business

Wright Express makes $27.5M U.K. acquisition

Posted on May 11, 2012 by Matt Wickenheiser

South Portland-based Wright Express Corp. said Friday that it has acquired CorporatePay, a United Kingdom company that provides corporate prepaid services to the travel industry, for about $27.5 million in an all-cash transaction. According to a May 11 release, CorporatePay … Continue reading →

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Posted in Business

Exchanging business cards for library cards at the Portland Biz Expo

Posted on May 9, 2012 by Matt Wickenheiser

The Portland Regional Chamber held its annual business expo on Wednesday, and booths included the usual: credit unions, hotels, sign shops, telecom companies, the Portland Public Library. Attendance was light in the early afternoon, but began to pick up as … Continue reading →

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Posted in Business

Bangor, Portland chambers expo themselves

Posted on May 7, 2012 by Matt Wickenheiser

Two of the state’s biggest chambers of commerce are hosting their business expos back to back, on Wednesday and Thursday. On Wednesday, the Portland Regional Chamber will hold its 2012 Greater Portland Business Expo from noon to 5 p.m. at … Continue reading →

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Posted in Business

WXS CEO notes strength in online travel biz

Posted on May 2, 2012 by Matt Wickenheiser

You may have seen Wright Express’ strong earnings release this morning, which featured year-over-year profits going from $12.1M a year ago to $23.2M in the first quarter of 2012. Mike Dubyak, the company’s president, chairman and CEO, told me this … Continue reading →

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Posted in Business

Wright Express reports 1Q profits of $23.2M, up from $12.1M a year ago

Posted on May 2, 2012 by Matt Wickenheiser

South Portland-based Wright Express Corp. on Wednesday reported profits of $23.2 million in the first quarter, almost double the $12.1 million in the same period a year ago. The first quarter profits were on revenues of $140.1 million, a 17 … Continue reading →

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Posted in Business

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About the Author

Matt Wickenheiser reports on statewide business issues, from tourism to manufacturing, high-tech to traditional, natural resource-based industries.

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Recent Posts

  • RE/MAX report sees April home sales, prices up in Maine
  • Bank of America names new state president for Maine
  • Gov. LePage awards six for ‘business excellence’
  • Portland’s ImmuCell returns to profitability in latest quarter
  • Verso Paper losses continue in Q1

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