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Historic landmark in Biddeford changes hands in competitive 'sellers market'

Laurie Schreiber |

The Smith Building, a historic landmark in this Biddeford, went on the market in early January, garnered 15 showings and was purchased by a Boston real estate investor for $850,000 in early June.

FAA awards $5.5 million for two Maine airport projects


Two Maine airport projects are slated to receive $5.5 million in federal funding through the Federal Aviation Administration.

Catalyst Paper’s project would support 62 new jobs at Rumford mill

British Columbia-based Catalyst Paper Corp. projects that a $56 million investment in a tissue-making machine at its Rumford mill would support 62 full-time jobs.

Bridgton Hospital named one of nation’s ‘Top Critical Access Hospitals to Know’


Central Maine Healthcare’s Bridgton Hospital has been named one of the country’s “62 Critical Access Hospitals to Know in 2017” by Becker’s Hospital Review.

Saco Island targeted for $40 million development

Developer Bernie Saulnier is putting together a $40 million mixed-use project for the east side of Saco Island, but city officials are advising him to seek community input before submitting plans.

Site work begins on Hampden waste-to-energy plant

The Sargent Corp. began site work on Fiberight’s new $69 million waste-to-energy plant in Hampden.

NIH awards $20M grant to Maine Medical Center Research Institute


The National Institutes of Health has awarded $20 million over five years to the Maine Medical Center Research Institute and its partners to establish the Northern New England Clinical and...

Bangor cultural nonprofits generate $10 million in economic activity

A Washington, D.C.-based Americans for the Arts study found that 14 cultural nonprofits in Bangor spent $3.4 million in 2015 and audiences at their events spent $6.6 million.

Portland mayor aims to increase low-income housing

Portland Mayor Ethan Strimling has proposed a measure to double the percentage of low-income housing to be included in large residential projects, and to lower income eligibility requirements.

Kennebec Savings Bank opens Freeport location


Kennebec Savings Bank opened its new electronic banking and loan center in Freeport on Thursday, marking the occasion with a ribbon-cutting ceremony attended by local officials.