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First they turned a historic dairy barn in Brownfield into a granola factory.
For Ellen Belknap, president of the Portland-based architecture and engineering firm SMRT, all of the Affordable Care Act concepts can be honed down to a few simple concepts: Improve the quality and experience of health care, reduce the per capita
Glass-fronted interlopers are popping up between Portland's quaint brick buildings, and if a Biddeford complex glazing system maker has its way, more architects will design signature elements like its glass crinkle wall at the new Hyatt Place hote
New hiresSymQuest Group, an information technology company in Westbrook, hired Brent Graham as document sales account executive in Westbrook and Iman Poeraatmadja as account executive-net
With ever-increasing energy costs claiming larger shares of overhead and operations expenses, building owners benefit greatly from adopting new methods for conserving resources.
Fancy an office or home that pops out of the box, ready to “plug and play?” A new architectural trend in Maine is the box.
Over the past several months, banks and other businesses have been looking for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions have been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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