ORONO – Governor Paul LePage says a Southern Maine company concerned about energy costs may cut 900 jobs and leave the state all together.
He made the comment at his town hall meeting in Orono. The governor’s office is refusing to name the company setting off a flurry of speculation over who it could be.
A local economist says he suspects it’s a manufacturing company and when you consider the businesses in Southern Maine and the fact that the governor says it’s an energy intensive company there’s only a handful of possibilities.
Aircraft manufacturing company Pratt and Whitney of North Berwick says they are not laying off workers, instead continuing to hire.
Another company at the center of the speculation is Fairchild Semi-Conductor in South Portland. They’re in the process of being purchased by an Arizona based company.
In a statement, city officials say they have no information about an impending closure or lay-offs..
“Not only the workers at the company but also the upstream suppliers that rely on biz from a large firm and also sort of that residual and recurrent spending that happens in the economy that people ya know go buy cars and things like that.” said economist Ryan Wallace.
Under federal law, a company with more than 100 employees is required to give the state 60 days notification of any mass layoffs.
The Department of Labor says at this point, they have not been notified.