The Maine 100: statewide businesses are feeling the fair winds and following seas.

Data compiled by Miles Berry

Maine’s legendary shipbuilding giant Bath Iron Works has been a winner in two ways this

year. According to Navy Times, they’ve been awarded a big defense contract to build three Arleigh Burke Class destroyers. There’s more news: According to the Washington Post, BIW has won “overwhelming approval” from the shipbuilders’ union for a three-year contract that “raises pay a range of 2.6 percent to 9.6 percent in the first year with differences due to a mid-contract wage adjustment that already took effect for some workers, and will be followed by a 5 percent increase in the second year and a 4 percent increase in the third.” What a lift!

Though Bath Iron Works is owned by Virginia-based General Dynamics, so they can’t be included in our list of firms in The Maine 100^TM, which requires a company to be headquartered in Maine for inclusion, their Maine address does more than just stir memories. 

Read the full story in the digital magazine above.