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Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.
Businesses and individuals in the Bangor region were celebrated at the chamber's annual awards event.
Prapela Inc., currently staffed by two employees, aims to add 25 hires by the end of 2027 and employ more than 50 by 2030.
Betsy Ross Crossing is being built by Freeport-based Zachau Construction and is within an easy walk to Bug Light Park and the community college.
Nonfarm wage and salary jobs increased to 685,000 in March, sparked mainly by hiring in the hospitality and leisure sector, according to the latest Maine Department of Labor data.
The executive order “recognizes the challenges our fishing families and communities face and we appreciate the commitment to reduce burdensome regulations and strengthen the competitiveness of American seafood.”
Workforce engagement is a game of mutuality. Each side needs to feel heard and respected.
Anchour, a 40-employee branding and marketing agency led by CEO Stephen Gilbert, has signed a lease on a new headquarters at Pineland Farms.
Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month.
Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.
As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.
With so many people shut out of buying a home, we're curious what alternatives people are finding.
Greater Portland Landmarks said it wouldn’t pursue further legal action opposing the plan, which includes razing an existing building for the museum’s expansion.
The restoration included restored windows, updated building systems, modern kitchen amenities, historic woodwork and flooring, and wood fiber insulation made by TimberHP in Madison.
In her new position with the chamber, Sabrina Gormley will focus on building membership as well as marketing for events and programming.
A roundup of new hires, promotions and achievement at businesses, nonprofits, health care institutions and professional services firms in Maine.
Jeannine Diddle Uzzi was recently inaugurated as the sixth president of Thomas College in Waterville.
Today’s business environment is flooded with data, and the ability to harness, clarify and analyze data is crucial for making informed decisions, writes guest columnist Chris Pyne of Unum.
A number of Maine-based banks have been expanding into New Hampshire in recent years. The goal is to broaden markets and serve existing New Hampshire customers, while remaining close to the Maine base.
Tax season should not be the only time you think about your tax strategy. The best planning happens outside of crunch time.
While Jøtul USA Inc. started out as an importer of Norwegian woodstoves, today the stoves are built entirely in Gorham, where the company has 75 employees (of which 45 are on the manufacturing side).
New Hampshire has seen continued growth, and Maine bankers are seeing opportunities.
Obesity is one of the biggest public health challenges facing Maine, costing the state $450 million a year, writes guest columnist Andrew Zarro.
In Her Presence, Grahamtastic Connection and Children's Odyssey will be the three beneficiaries of proceeds from this year's Maine Marathon.
Being a TEDx speaker is about more than your 15 minutes in the spotlight, writes guest columnist Lisa Whited. Rehearse your speech, but remember that authenticity lands more powerfully than perfection.
Planning to fly in the U.S. next month? You'll need a new Real ID drivers' license, and you'll likely encounter long waits at your local motor vehicle bureau to get one.
State subsidies have since 2022 helped to fund more than 200 affordable housing units. The latest round of dollars will support the creation of another 137, all in rural communities.
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 MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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