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Economic Development

  • $218M lottery sales set record

    The Mainebiz News Staff July 6, 2010

    Maine lottery sales appear to have set a record, bringing in about $218 million for the budget year that ended June 30, according to preliminary figures.

    The Mainebiz News Staff July 6, 2010
  • Old Town gets $100,000 grant for energy park

    The Mainebiz News Staff July 1, 2010

    The city of Old Town is receiving nearly $100,000 to help fund its proposed Maine Energy & Enterprise Park.

    The Mainebiz News Staff July 1, 2010
  • ME job creation lagging, says MHPC

    The Mainebiz News Staff June 23, 2010

    Portland-based Maine Heritage Policy Center has released a series of reports showing Maine trails more than half the country in job creation.

    The Mainebiz News Staff June 23, 2010
  • Westbrook developer pitches $60M+ arena

    The Mainebiz News Staff June 23, 2010

    A developer wants to build a new 8,000-seat arena for concerts and sports events in either Portland or Westbrook and renovate the Cumberland County Civic Center into a convention center.

    The Mainebiz News Staff June 23, 2010
  • Casino group makes payment on Bates Mill

    The Mainebiz News Staff June 22, 2010

    A development group looking to turn the Bates Mill No. 5 building in Lewiston into a casino has made its first payment in an option agreement on the building.

    The Mainebiz News Staff June 22, 2010
  • Rockland eyes limiting cruise ships

    Mainebiz News Staff June 18, 2010

    Some Rockland business leaders are urging the city council not to approve a proposed fee increase and guidelines that would limit the number of cruise ships entering Rockland Harbor this summer.

    Mainebiz News Staff June 18, 2010
  • Belfast readies lawsuits against developer

    Mainebiz News Staff June 17, 2010

    The city of Belfast is planning legal action against the developer of the former Stinson Seafood property claiming the property owner ignored requests to tear down the derelict structure and is in breach of a complex development agreement struck w

    Mainebiz News Staff June 17, 2010
  • Biomass benefits refuted in Mass. study

    Mainebiz News Staff June 14, 2010

    A study commissioned by the Massachusetts Department of Energy Resources concludes that cutting trees to produce energy creates more emissions than burning coal.

    Mainebiz News Staff June 14, 2010
  • Study: Maine's debt ratio troublesome

    Derek Rice June 14, 2010

    Economists and others who study state finances can’t seem to agree on the state of state spending in Maine.

    Derek Rice June 14, 2010
  • Southern discomfort | Data reveal York County business startups are failing to create jobs

    June 14, 2010

    Every year in York County, existing establishments close their doors while new ones take their place. In the process, employees must make the transition from their old employer to a new employer.

    June 14, 2010
  • In the driver's seat | One company's promise prompts a jump from investor to interim CEO

    Michael Gurau June 14, 2010

    I wrote a piece last October, “Shifting Gears,” that compared racecar driving to funding and supporting fast-growth companies.

    Michael Gurau June 14, 2010
  • Hardly skating by | New college grad already a seasoned business pro

    Kathryn Skelton June 14, 2010

    Troy Williams started classes for his real estate licenses during college finals in April. He sold his 9-year-old skateboard company at the end of May.

    Kathryn Skelton June 14, 2010
  • Revised flood map good news for waterfront development

    The Mainebiz News Staff June 8, 2010

    After months of collaboration with Portland officials, the Federal Emergency Management Agency has agreed to a new flood map of Portland Harbor that will allow for future development of the area.

    The Mainebiz News Staff June 8, 2010
  • Tax break approved for Pierce Atwood move

    The Mainebiz News Staff June 8, 2010

    The Portland City Council yesterday approved a $2.8 million tax break to help law firm Pierce Atwood renovate and relocate to a former warehouse on the waterfront.

    The Mainebiz News Staff June 8, 2010
  • Index ranks Maine momentum ninth in nation

    The Mainebiz News Staff June 4, 2010

    Maine has the ninth-highest momentum in the nation, according to an index that tracks state growth in population, income and employment.

    The Mainebiz News Staff June 4, 2010
  • Oakland mill cleanup moves ahead

    The Mainebiz News Staff June 1, 2010

    Cleanup of a former woolen mill in Oakland burned by a fire this winter could begin later this month.

    The Mainebiz News Staff June 1, 2010

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Today's Poll

Do your plans call for vacationing in Maine this summer?
Choices
Poll Description

Summer is in full swing, and many readers are thinking about where to go next.

Maine often tops the list with its stunning coastline, fresh seafood, peaceful forests and charming small towns. Maine is known as Vacationland for a reason.

Not surprisingly, many people who live in Maine also vacation here.