Category Archives: Economy

National report: Franklin County healthiest in Maine

Local public health advocacy credited;

neighboring Oxford County ranks last

A new national report compares county-level health factors in every state and identifies public health assets and liabilities in each of Maine’s 16 counties.

The report, released Wednesday by the Robert Wood Johnson Foundation, ranks rural Franklin County as the healthiest in Maine, with the lowest rates of premature death, poor mental and physical health, and babies born at a low birth weight. Neighboring Oxford County is ranked the least healthy.

Hancock County ranks second-healthiest in Maine while abutting Washington County, identified in a similar 2007 report as one of the least healthy counties in the United States, ranks second from the bottom.

“There are no surprises in this report,” said Dr. Dora Anne Mills, director of the Maine Center for Disease Control and Prevention. Each county in Maine, she said, faces public health challenges as well as boasting strengths and successes.

“Improving economic and educational attainment are very important public health strategies,” Mills said, but Maine’s experience shows that public health is influenced by a number of variables.

Click on the link for the rest of the story by Meg Haskell of the Bangor Daily News.

Updated info:

Here’s a link to the website where you can check out the rankings in more details. Just click on “Find Health Rankings” to the right on the orange navigation bar and input the county or state to get more detailed information. Here’s the link to the County Health Rankings.

After century of business, former Stinson seafood plant closing – Bangor Daily News

After century of business, former Stinson seafood plant closing – Bangor Daily News.

NMCC takes steps to research wind power – Bangor Daily News

 NMCC takes steps to research wind power – Bangor Daily News.

Fraser execs got bonuses as company sought bankruptcy

(This sort of corporate greed really irks – but does not surprise – me, especially since we’ve seen so much of it on Wall Street. Frankly, Wall Street is going to bring upon itself a revolution if it is not careful. – KM)

Union workers miffed

after taking cut in pay

MADAWASKA, Maine — As Fraser Papers Inc. stock tumbled in 2008 and losses culminated with Fraser seeking bankruptcy protection in mid-2009, its six top-level executives received $50,000 to $162,500 in bonuses, the company’s spring 2009 report to stockholders revealed.

Fraser’s highest-paid executive was Chief Executive Officer Peter Gordon. He received a $162,500 cash bonus atop his $325,000 base salary, stock option awards of $637,500, another $15,750 in pension value and $3,126 in “other compensation.” His take in 2008: $1.14 million.

Click on the link for the rest of the update by Nick Sambides Jr. of the Bangor Daily News.

Here’s a link to another story about the bonuses: “Bonuses at Fraser small compared to other mills

Newick’s back as Maine Mall area rebounds | Portland Press Herald

 Newick’s back as mall area rebounds | Portland Press Herald.

Maine sites considered for testing wave energy | Portland Press Herald

 Maine sites considered for testing wave energy | Portland Press Herald.

Maine governor sees improving economy

Maine governor sees improving economy

The MP3 and text versions of the address are not on the Maine.gov website, but here’s a link to that landing page. Give it a try later if you want to listen to the address or read the text.

Offshore wind farm could save $4.6 billion over 25 years

Below are several links, including one to a press release found on Sustainablebusiness.com about a report published by economic consulting firm Charles River Associates. That report apparently suggests that the Cape Wind offshore wind farm alone could save $4.6 billion – that’s with a B – over the next quarter century.

The proposed project would be off the coast of Massachusetts in Nantucket Sound. It is not stretch that proportionally similar savings could be realized from the eventual construction of a proposed project off Maine’s coast.

Of course, such reports usually are funded by the agency that would benefit. Cape Wind Associates LLC funded the report, according to a news story about the report.

Here’s a link to Friday’s press release: “Cape Wind Report: Offshore wind will cut electric prices by $4.6B

Here’s a link to a previous press release about delays: “Cape Wind faces new obstacle

Here’s a link to Thursday’s story in the Cape Cod Times about the report: “Cape Wind savings pegged at billions

Here’s a link to Cape Wind’s website: http://www.capewind.org/.

Shoe shop, take two

Former owner of Maine Shoes

buys it back, starts new company

 LEWISTON — Almost 11 years ago, Michael Rancourt sold his shoe company to Allen Edmonds, his biggest client for hand-sewn, high-end loafers.

Allen Edmonds is changing, and Rancourt and his son Kyle have bought the business back.

As part of the deal, they got private label contracts for names such as Ralph Lauren and employees who have been in the hand-sewing business for so long that some worked for Rancourt’s father, Dave.

Rancourt & Co. Shoecrafters is working out of one wing of Allen Edmonds’ factory on Commercial Street, temporarily, on the hunt for new space.

“I sat down with every person I offered a job and said, ‘Look, we’re going to start over again,”’ said Michael Rancourt, a Lewiston native.

Click on the link for the rest of today’s story by Kathryn Skelton of the Lewiston Sun-Journal.

Fraser aims to heal pain of workers

MADAWASKA, Maine — Having just completed a painful contract negotiation with its largest American union, Fraser Papers Inc. now will work to heal divisions within the local paper mill and to finish the company’s emergence from bankruptcy protection, its chief contract negotiator said Tuesday.

“We are pleased that the agreement is ratified,” said Bill Peterson, Fraser’s human resources director. “We know it was difficult for people and it is one giant step that had to occur in order for [a new company] to be born, or to emerge into existence.

“We are obviously closer to the finish line today than we were yesterday,” Peterson said Tuesday.

About 65 percent of the 460 members of United Steelworkers Locals 291, 365 and 1247 approved a new three-year deal Monday that put into effect an immediate 8.5 percent wage cut. Union votes on Nov. 22 and Dec. 30 had rejected the contract overwhelmingly.

Management declared last week that the new deal is among three conditions the re-formed, post-bankruptcy Fraser company, temporarily called Newco, must meet to prevent the closing and scrapping of the 680-worker mill and its sister pulp mill across the St. John River in Edmundston, New Brunswick.

Click on the link for the rest of today’s story by Nick Sambides Jr. of the Bangor Daily News.

 

UMaine to oppose wind power lawsuit

UMaine to oppose wind power lawsuit

Activists’ appeal to put wind rules in spotlight | Portland Press Herald

(Maine lawmakers and regulators have to figure out how to fix the problems and get wind power going. Otherwise, there may be no other choice than to hand over the keys to the nation to the Saudis or the Chinese. — KM)

Activists’ appeal to put wind rules in spotlight | Portland Press Herald

Melting arctic could cost $2.4 trillion by 2050

Melting Arctic Could Cost $2.4 Trillion by 2050

Posted using ShareThis

Jackson residents approve wind turbine limits

JACKSON, Maine — Residents this weekend approved a controversial wind turbine ordinance that would impose strict regulations on industrial wind power developments.

Among other things, the ordinance — written by the planning board and the wind energy subcommittee — stipulates that any 400-foot-tall turbines erected must be at least a mile from any houses.

Although the 111-75 vote Saturday morning at a special town meeting has cheered many who oppose large-scale wind facilities in Maine, it also has dismayed some in this rural town of about 500 people who feel the ordinance is too restrictive and shortsighted.

“I was disappointed,” said Duane Lahaye of Jackson, a past member of the planning board who uses several small windmills at his home. “We have to think as an entire nation. We can’t just think as people who don’t want it ‘in my backyard.’ For the better good of everybody, these windmills would have been great.”

The new ordinance replaces a moratorium on wind energy projects that has been in place since January 2009 and was enacted in response to proposals to erect a series of wind towers along Mount Harris and Ricker Ridge in Jackson, Dixmont and Thorndike. Dixmont voters last November approved an ordinance requiring a 1-mile setback between wind turbines and homes.

Click on the link for the rest of today’s story by Abigail Curtis of the Bangor Daily News.

Madawaska union accepts 8.5% pay cut

Fraser officials say

3-year pact critical

to survival of paper mill

MADAWASKA, Maine — The United Steelworkers union will take an immediate 8.5 percent wage cut in accepting a new three-year contract Monday that Fraser Papers Inc. management calls critical to keeping the town paper mill going.

About 65 percent of the 460 members of USW Locals 291, 365 and 1247 approved the three-year deal in voting Monday. They didn’t do it happily, said Duane Lugdon, Maine’s USW international representative.

“The members have been running in and out all day voting and expressing their dismay. They don’t consider this a fair deal but they recognize that the company has a gun to their heads,” Lugdon said Monday.

Click on the link for the rest of today’s story by Nick Sambides Jr. of the Bangor Daily News.

Maine lawmakers call for jobs bill

Maine lawmakers call for jobs bill

Volunteers help students hunt for jobs

Volunteers help students hunt for jobs

Home show exhibitors hear ‘eco’ | Portland Press Herald

 Home show exhibitors hear ‘eco’ | Portland Press Herald.

Taking a dip in the recycling stream | Portland Press Herald

 Taking a dip in the recycling stream | Portland Press Herald.

Expansion of Amtrak to Brunswick spurs interest in service for Augusta | Portland Press Herald

 Expansion of Amtrak to Brunswick spurs interest in service for Augusta | Portland Press Herald.