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Growth in Maine exports led by fresh lobster

Maine exports grew by 3.4% last year, an increase that was led by a surge in prices for fresh lobster. Wood products, however, continued to account for a majority of the...

Iceland officials in Maine this week

Dylan Martin |

The U.S. ambassador to Iceland and Iceland’s ambassador to the United States are visiting Maine on Tuesday in an effort to build upon and create new economic opportunities...

TechPlace gears up for Phase II industrial space

Lori Valigra |

TechPlace, the new startup incubator at Brunswick Landing being developed by the Midcoast Regional Redevelopment Authority, is gearing up for its Phase II expansion.

Maine Textiles hires former financial services leader as CEO to head expansion

Dylan Martin |

Maine Textiles International LLC, the owner and operator of the Saco River Dyehouse, has hired a new CEO to lead the company’s expansion into domestic and international...

Report: Maine foreign exports decline

Exported goods from Maine have declined by 12% from 2012 to 2013, according to new data from the U.S. Census Bureau. But that decline may be due to a change in the reporting method...

Trade winds: Maine companies look to Asian growth markets

Lori Valigra |

Business between Maine and the Far East, particularly China, is heating up. Among the examples: one Portland-based company expects its Chinese subsidiary to turn a profit in the next...

Owner to sell 106-year-old, family-run Bangor business to employees

Dylan Martin |

Ron Dennis, president of Bangor-based Dennis Paper and Food Service, wanted to keep his 106-year-old family business locally owned and independent. He had some other options come up...

Janine Cary waves the flag to take Maine products global

Lori Valigra |

It's no secret that people readily move to Maine for its quality of life, but getting Mainers, especially busy businesspeople, to travel outside the state is another story. Just ask...