Despite Pandemic, Investment Dollars are Flowing

Mainebiz Staff

Source

Mainebiz

Date

7-13-2020

Pages

8

Abstract

Brief overview of three businesses: WEX, Inc., accepting a $400 million investment from an affiliate of Warburg Pincus LLC; Bath Iron Works, being awarded a $132 million contract modification even as its largest labor union goes on strike; and Bay Ferries Ltd., deciding to cancel high-speed ferry service (the CAT) between Maine and Nova Scotia for the season due to the uncertainty of international travel during the coronavirus pandemic.

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