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Economic Development

Bucksport pop-up shops to boost businesses

The town of Bucksport has funded the creation of four "pop-up" retail stores as a way to support local businesses and look beyond Bucksport’s identity as a mill...

N.H. firm to invest $18M in Saco mill project

A New Hampshire developer plans to invest $18 million to transform a large former mill in Saco into residential apartments and retail space.

Kennebec Valley Chamber names new CEO

The Kennebec Valley Chamber of Commerce has named Ross Cunningham as its new president and CEO, effective Jan. 5.The

Auburn officials say no to expanded TIF

The Auburn City Council said it will not consider an expanded Tax Increment Financing district for an industrial park that contains Hartt Transportation Systems.

Report: Maine casinos created 1,500 jobs

The Hollywood Casino in Bangor and the Oxford Casino in Oxford have created nearly 1,500 jobs, according to a new industry study.

Old Town plan could call for anchor retailer

A master plan for redevelopment of Old Town’s downtown could call for a major retailer like Trader Joe’s or L.L.Bean to move in and spur economic activity...

Report: Maine's aging population hinders growth

Maine’s economy will experience slow and steady growth through 2019, but it will still be held back by its aging population and its lack of population growth, a state...

CEI, MCF partner to boost rural development

The Maine Community Foundation has partnered with Wiscasset-based CEI (Coastal Enterprises Inc.) to boost downtown- and fisheries-related development in rural Maine.

Innovation exists in Maine, but does everyone know that?

Dylan Martin |

It's strange to think about the perceptions I had of Maine growing up, especially when I look at the position I'm in now — at the age of 25 — and how those perceptions have...

Rising sea levels to impact Bath businesses

Rising sea levels in the next 100 years are expected to have an impact on Bath’s downtown waterfront area and a number of businesses along with it. But a volunteer planning...