(from Mainebiz) A Saco packaging manufacturer Tanbark Molded Fiber Products gears up for growth, the company has gotten a boost from the Finance Authority of Maine and the Maine Technology Institute: approvals of more than $2 million in financing. Read more »
(From Portland Press Herald) -- A Portland-based animal health technology and services company is getting a $250 million investment. Read more »
(From Maine Public) -- Not all businesses have suffered during the pandemic — some in Maine are booming. Gneiss Spice in Bethel – Gneiss as in the bedrock common in parts of Maine — sells spice jars and spice refills online, and is doing pretty well. Read more »
(From MaineBiz) -- A team put together by the University of Maine System to address the shortage of personal protective equipment for health care workers has facilitated production of hospital-grade hand sanitizer, face shields and intubation boxes. Read more »
(From Portland Press Herald) -- Several MTI clients were featured in this article on how businesses were pivoting to meet the effects of the COVID-19 pandemic on their businesses. Read more »
(From MaineBiz) -- A group of IT developers, who recently launched a website encouraging healthy behavior during the coronavirus pandemic, is beginning a next step: creating software to help monitor symptoms of the disease. Read more »
(From Portland Press Herald) -- ImmuCell, which is currently expanding its production facilities because of ... and beef industries reported record sales of $4.9 million for the first quarter, up 11 percent from a year earlier. Read more »
MedRhythms Inc. continues to develop its product pipeline. Read more »
The newly raised capital included $250,000 in the form of a long-term, low-interest loan from Maine Technology Institute. Read more »
Jackson Laboratory, in collaboration with several Maine hospitals, will provide additional coronavirus testing. Read more »