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From new development and the completion of old projects, the Skowhegan has been busy and will continue to see more growth in the new year.
Tim Soley, president and CEO of East Brown Cow, says the Old Port remains a place that attracts new ideas.
Despite workforce and housing shortages, the head of the Maine Development Foundation is optimistic about Maine's economy in 2025.
"Infrastructure investment is a mainstay to creating a successful local economy," Mark Dion said in Monday night's State of the City address.
Heather Johnson, who was served as commissioner of the Maine Department of Economic and Community Development since 2019, will step down from the role on March 1.
While the resolutions are as varied as the individuals they come from, there were a few common themes.
From shops to monuments to social services, Aroostook County had a host of ribbon-cuttings in recent months.
Kristina Cannon and her team have secured nearly $7.9 million for projects that include the creation of a shared commercial kitchen incubator to empower local food startups.
Since the beginning of FY 2021, Rural Development invested $600 million in Maine single-family housing, offering flexible terms, no down payment and sometimes subsidize payments.
There will be a revamped curriculum, extended program length and a virtual financial modeling program providing financial skills for building and scaling businesses.
Lincoln Jeffers will step down at the end of the year. Nate Libby, a Bates College graduate and the city's assistant economic development director, will take over from Jeffers.
Dionne has been instrumental in refining processes, organizing action committees, building connections and redeveloping the Opportunities Aroostook digital platform.
City councilors have expressed concerns about the timeliness of permits being issued. But recent changes have already reduced building permit processing, the city says.
The Hampton will undergo scheduled maintenance and system upgrades to modernize its technology and to help maintain a competitive edge in maritime operations.
Funds will go toward hiring for positions that will provide services such as digital skills training and to develop “connectivity hub” programs for youth.
The Massachusetts-based supermarket chain plans to open an 80,000-square-foot store in Scarborough's new Town Center by the fall of 2026.
The first quarter of 2025 gave businesses a lot to think about, with ever-changing trade policies, funding cuts, market volatility and so on.
J.P. Morgan Research last month put the probability of a recession in 2025 at 60%, up from 40%. It said tariffs — particularly taxes on imports from China — were a "material threat to growth."
While recessions are "inherently unpredictable," says J.P. Morgan's chief global economist, most businesses probably have some sense by now of what's ahead.
With the second half of the year in sight, Mainebiz wants to get an idea of the mindset of Maine business leaders.
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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