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Economic Development

  • New service targets cruise ship crews

    Mindy Favreau September 14, 2009

    A new cruise ship marketing initiative in Portland is under way, designed to boost the industry's economic impact in the area and serve an oft-forgotten segment of the cruise ship sector -- the crew members.

    Mindy Favreau September 14, 2009
  • New venture to strengthen Maine-China ties

    The Mainebiz News Staff September 10, 2009

    A Falmouth company that offers consulting services to companies interested in doing business in Asia is launching a new endeavor to strengthen ties between Maine and China.

    The Mainebiz News Staff September 10, 2009
  • Putting the punch in pellets | International WoodFuels President Steve Mueller sees a budding market for his wood-based fuel

    Whit Richardson September 8, 2009

    At the end of July, San Diego-based International WoodFuels announced it would open a wood pellet plant in the Waldo County town of Burnham adjacent to Pride Manufacturing Co., the last U.S. manufacturer of wooden golf tees.

    Whit Richardson September 8, 2009
  • Foot race | Neighborhoods' 'walkability' adds value, on and off the books

    Christian Mcneil September 8, 2009

    “Charting the Course” is written by GrowSmart Maine, a Portland nonprofit that promotes and encourages new ways of thinking about Maine’s future.

    Christian Mcneil September 8, 2009
  • Commission urged to spur northern development

    Mainebiz News Staff September 7, 2009

    Maine and other Northeast officials are urging the Obama administration to use $30 million in federal stimulus funds to jumpstart a committee that would spur economic development in northern parts of the states.

    Mainebiz News Staff September 7, 2009
  • Business group may back casino

    The Mainebiz News Staff September 1, 2009

    Several well-known members of Maine's business community have banded together to explore legalizing a casino in Oxford County.

    The Mainebiz News Staff September 1, 2009
  • Pilot pursues new airline in York County

    Jim Kozubek August 26, 2009

    A former Pan Am pilot is attempting to raise $50 million to launch a new airline that could be headquartered in York County.

    Jim Kozubek August 26, 2009
  • Sales drop 12%

    The Mainebiz News Staff August 23, 2009

    Retail sales in June dropped more than 12% compared with the same month last year, according to the Maine State Planning Office.

    The Mainebiz News Staff August 23, 2009
  • Maine consumer confidence picking up

    The Mainebiz News Staff August 20, 2009

    Consumer confidence in Maine has begun to bounce back, according to a survey released by Portland-based Market Decisions.

    The Mainebiz News Staff August 20, 2009
  • Maine's jobless rate dips ever so slightly

    The Mainebiz News Staff August 20, 2009

    Maine's unemployment rate in July was 8.4%, down from a revised 8.6% in June and up from 5.4% in July 2008, according to preliminary estimates from the Maine Department of Labor.

    The Mainebiz News Staff August 20, 2009
  • FEMA move jeopardizes Portland development

    The Mainebiz News Staff August 9, 2009

    The federal government has proposed reclassifying Portland Harbor in its flood insurance rate map, a move that city officials say would devastate the working waterfront by prohibiting new construction on its private and public piers.

    The Mainebiz News Staff August 9, 2009
  • Baldacci backs $20M furnace factory

    The Mainebiz News Staff August 6, 2009

    Gov. John Baldacci yesterday voiced his support of a $20 million proposal to build a biomass furnace factory in Millinocket.

    The Mainebiz News Staff August 6, 2009
  • Economic seers up frequency of projections

    The Mainebiz News Staff August 5, 2009

    The state's economic forecasting group is increasing the number of predictions it makes to better track the recession.

    The Mainebiz News Staff August 5, 2009
  • Sanford mill getting $12M facelift

    The Mainebiz News Staff August 5, 2009

    Renovation work has begun in Sanford to turn a former textile mill into a $12.6 million residential or mixed-use building.

    The Mainebiz News Staff August 5, 2009
  • Canada restates opposition to Downeast LNG

    The Mainebiz News Staff July 30, 2009

    The Canadian government has restated that it won't allow liquefied natural gas tankers through Canadian waters to reach LNG terminals on the Maine side of Passamaquoddy Bay.

    The Mainebiz News Staff July 30, 2009
  • Portland conference pushes new model for better world

    Carol Coultas July 28, 2009

    The notion that the whole is greater than the sum of its parts took center stage at the Greaterthan Conference, a two-day conference wrapping up in Portland today that aimed to foster new models of partnership among the private, non-profit and pub

    Carol Coultas July 28, 2009

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Today's Poll

Do your plans call for vacationing in Maine this summer?
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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.