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Economic Development
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Old Town city manager lauded for leadership
September 2, 2010Old Town City Manager Peggy Daigle has been recognized by the Maine Town and City Management Association for her role in the redevelopment of Old Town Fuel & Fiber.
September 2, 2010Scarborough Downs selling land
September 2, 2010Scarborough Downs, which recently announced intentions to relocate to Biddeford, is selling 400 acres of its Scarborough property for $12.2 million.
September 2, 2010A Q&A with former Bangor legislator Sean Faircloth
August 26, 2010Social change fuels economic change, according to Sean Faircloth.
August 26, 2010CDBG funding to help small businesses
August 26, 2010The city of Bangor has been awarded $1.1 million in Community Development Block Grant funding, part of which will support a small business loan program.
August 26, 2010Town reverses decision on cannery grant
August 26, 2010In a reversal of a previous decision, selectmen in Gouldsboro have decided to support a $400,000 federal grant to for a planned lobster processing facility at a former sardine cannery.
August 26, 2010ME consumer confidence stalled
August 26, 2010Consumer confidence in Maine is still weak two years after hitting a historic low, according to a new survey from Portland-based Market Decisions Inc.
August 26, 2010Cleanup of Oakland mill hits snag
August 24, 2010The cleanup of a former woolen mill in Oakland has stalled, now that federal environmental regulators have terminated a $200,000 remediation grant.
August 24, 2010
Tribal works | Defense contracts position Penobscots for long-awaited prosperity
August 23, 2010Inside the vacant Olamon Industries building on Indian Island, a solitary case of cassette tapes sits atop a power station covered in dust — a testament to a failed tribal business venture more than 20 years ago.
August 23, 2010
Taking stock | Northeast Bank's $30 million deal: A prime growth opportunity and an out for shareholders
August 23, 2010When Northeast Bancorp in Lewiston announced earlier this year that it planned to merge with a deep-pocketed investor group, even some of its own shareholders raised an eyebrow.
August 23, 2010Pike, Idexx reach agreement
August 20, 2010A pitched battle over Pike Industries' blasting operations at a quarry near the Five Star Industrial Park in Westbrook may end with a compromise reached out of court.
August 20, 2010BEP issues final HoltraChem ruling
August 20, 2010In its final ruling on the cleanup of the old HoltraChem site in Orrington, the Maine Board of Environmental Protection has ordered the former owner to remove two landfills but allowed three others to remain.
August 20, 2010Former Old Town Canoe building a tough sell
August 19, 2010No buyers have made an offer on the former Old Town Canoe building on Main Street, so company and city officials are taking steps to find a new use that will complement the community's long-range economic development plans.
August 19, 2010Racetrack pitches Biddeford racino
August 19, 2010Several failed attempts to open a racino in Scarborough have led Scarborough Downs to eye a move to Biddeford.
August 19, 2010
Civic center task force to receive study today
August 17, 2010As members of the Cumberland County Civic Center Joint Task Force anxiously await a consultant's economic analysis to guide their decision making, county and business leaders say a clear consensus is forming.
August 17, 2010Grant for cannery buyer questioned
August 16, 2010Officials in Prospect Harbor are questioning a grant that would help a Massachusetts company establish a lobster processing facility at a former sardine cannery.
August 16, 2010Report: Rural tourism needs investment
August 13, 2010A new report from the Maine Center for Economic Policy urges the state to invest in tourism efforts for Maine's rural areas.
August 13, 2010
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