While the price is double what Phineas Sprague Jr. paid for the parcel two years ago, he says he will likely challenge the value, which could lead to years of litigation.
Tom Bell
Posted inBusiness, Local & State
Canadian railway to end service to Auburn
The loss of service threatens the future of the Auburn truck-and-rail hub and makes it harder to market the region to companies.
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Posted inBusiness, Local & State, News
Differences run deep over Searsport Harbor dredging plan
At stake are the future of Maine’s second-biggest port, the economies of poor inland communities and the health of Penobscot Bay.
Posted inLocal & State, News
Dredge opponents fear Penobscot River pollution
The former HoltraChem plant in Orrington released mercury that could wreak more havoc on the area’s fishery.
Posted inLocal & State, News
Scrap the mystery: High-tech vision for Google barge crumbles in a heap
The barge has been sold and the four-story structure will be dismantled, along with Portland’s hope for a new claim to fame.
Posted inBusiness, Local & State
Hannaford stands to gain from Market Basket revolt
Some Hannaford workers in Maine are heading to New Hampshire, the company says.
Posted inLocal & State, News
Turnpike traffic increases for five straight months
Total traffic on the toll highway for the first half of 2014 was the greatest in a decade.
Posted inBusiness, Local & State, News
Nova Star ferry’s passenger count remained low in June
But the operator says July bookings have jumped, and the state is working to help the Nova Scotia-Portland service avoid a cash crunch.
Posted inLocal & State, News
Vigue sees opportunity in Greenland, Iceland
CEE of Pittsfield-based Cianbro, Maine’s largest construction company, to go on business fishing expedition.
Posted inBusiness, Local & State, News
Maine to study impact of ocean acidification on shellfish
A state commission will report to the Legislature, which could craft legislation to protect fisheries.