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Feb. 10, 2025
Focus on Commercial Development

Baby, it's cold inside: $56M waterfront facility is poised to turn Portland into regional logistics hub

Renee Cordes

More than decade in the making, the Maine International Cold Storage Facility marks a new chapter for Portland — and Maine — just as the U.S. cold storage market is taking off.

Today's Poll

Did the recent Small Business Saturday help your business?
Poll Description

Sponsored by Kennebunk Savings Bank

Small Business Saturday, the annual tradition that encourages shoppers to support local, independent retailers and entrepreneurs, marked its 16th rendition on Nov. 29, with events held across the nation.

Founded by American Express in 2010, the yearly event has become an essential part of the holiday shopping season. The Small Business Administration became the official co-sponsor in 2011. 

Last year, shoppers turned out in full force to support their local communities, generating an estimated $22 billion in spending at small retailers and restaurants.

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