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Economic Development

Portland waterfront to be site of New England ocean 'cluster'

James McCarthy |

Patrick Arnold, president of SoliDG Inc., which manages the International Marine Terminal in Portland, and Thor Sigfusson, owner of the Iceland Ocean Cluster, announced today the...

Largest Maine Technology Institute investments

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Chris Thompson moving on Portland waterfront development

Dylan Martin |

Walking around Thompson's Point in Portland on a fall afternoon, it becomes clear that progress is moving forward for the $105 million mixed-use development that aims to transform the...

Feds give $1.2M to boost Maine food production

Organizers running food production efforts across the state are receiving $1.25 million in federal funds, in part to expand access to healthy food in rural areas.

Portland developer partners with State Theatre to develop outdoor concert site

Dylan Martin |

The development of an outdoor concert venue in Portland is moving forward after a local developer signed a long-term agreement with the company that operates the State Theatre.

Portland waterfront plan faces uncertain future

A plan to transform a 10-acre Portland waterfront property into a mixed-use development could be stymied by a preservation group's bid to give the land greater protection.

Maine development organizations to get $1.1M

Two Maine economic development organizations will receive more than $1.1 million in federal funds to help assist local businesses and create new jobs in their regions.

Feds give $1.2M to boost northern Maine economy

The construction of a maple processing facility in Jackman and expansion of high-speed Internet in Ellsworth are two of five economic development efforts in Northern Maine to...

Maine bike trek boosts local businesses

A 340-mile bike trek hosted by the Bicycle Coalition of Maine with 350 participating cyclists boosted local businesses in the town of Norway, hinting at a wider economic...

Virginia economic development firm to aid Millinocket

Economic development firms in Alexandria, Va., and Bangor are offering free services to Millinocket as a way to help dig the town out of its economic troubles.