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Economic Development
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Redzone completes 2018 expansion, with more to come in 2019
December 31, 2018Redzone Wireless LLC announced completion of broadband networks in four towns across the state, and said plans to expand to another 25 towns in 2019 will be announced in January.
December 31, 2018
Tax lien remains obstacle, but CLT still seen as Millinocket mill site anchor
December 28, 2018Despite failed attempts to move an IRS tax lien, Our Katahdin is still pursuing tenants for the 1,400-acre former Great Northern Paper mill site, with a cross-laminated timber producer remaining a prime target for an anchor tenant.
December 28, 2018
MTI reports on record funding year in 2018
December 28, 2018The Maine Technology Institute released its 2018 annual report highlighting a record year of financial support to Maine companies and said it will unveil a new funding approach in March.
December 28, 2018
Gov.-elect Mills names Heather Johnson as economic development chief
December 28, 2018Gov.-elect Janet Mills on Thursday named Heather Johnson as the state's top economic development official, saying her extensive private- and public-sector background would be “tremendously beneficial to marketing Maine, attracting and retaining
December 28, 2018Wiscasset seeks public input on broadband improvements
December 27, 2018The town of Wiscasset and the Wiscasset Area Chamber of Commerce are seeking input from residents and businesses on the quality and cost of current internet services and how they could benefit from expanded broadband.
December 27, 2018
Money magazine picks South Portland as best place to live in Maine
December 26, 2018Citing South Portland's bustling food and bar scene and thriving economy, Money magazine named it the best place to live in Maine.
December 26, 2018
A year after Opportunity Zone tax law written, promotion is name of the game
December 25, 2018Economic development officials working to promote their areas, since development tool is about financial investment, not location.
December 25, 2018
Plan for historic downtown Millinocket building moves forward
December 25, 2018Our Katahdin is partnering with Portland coworking space entrepreneur Liz Trice to design a plan for the former department store that was once an important part of Penobscot Avenue's commercial scene.
December 25, 2018
Maine to get seven new high-speed electric-car charging stations
December 21, 2018Seven new high-speed electric-car charging stations planned for Maine's highways will allow eco-minded motorists to juice up their vehicles “in about the same time it takes to enjoy coffee at Starbucks with a biscuit from Popeye's.”
December 21, 2018
Charter high-speed fiber announcement underlines issue, Mills says
December 21, 2018Charter Communications Inc.'s (NASDAQ:CHTR) announcement Thursday that it's launching high-speed fiber cable throughout Maine also served as an opportunity to underscore the increased focus on better connectivity as an economic driver for the state.
December 21, 2018Passamaquoddys pursue internet data center to create quality jobs
December 20, 2018The Passamaquoddy tribe at Indian Township is planning to build a state-of-the-art data center that is expected to create well-paying jobs and diversify the regional economy.
December 20, 2018
Redevelopment of Millinocket mill has setback, as anchor tenant pulls out
December 19, 2018The North Carolina company announced in February as the first anchor tenant at the shuttered Great Northern Paper mill in Millinocket has scuttled those plans, saying it cannot wait any longer for the mill's owners to resolve a federal tax lien
December 19, 2018
Five Maine companies receive 2018 Governor's Award for Business Excellence
December 19, 2018Gov. Paul R. LePage presented five Maine companies with a 2018 Governor's Award for Business Excellence during a reception Tuesday at the Blaine House in Augusta.
December 19, 2018
Biddeford a finalist for $500,000 U.S. small business prize
December 19, 2018Biddeford among top 10 finalists for $500,000 prize in Season 4 of “The Small Business Revolution – Main Street,” which can be viewed on Hulu in fall 2019.
December 19, 2018MEREDA Annual Forecast conference is Jan. 17
December 18, 2018The annual Portland event, which looks at trends in the industry, draws nearly 900 of the state's leading real estate experts.
December 18, 2018
Katahdin Region to get economic development director
December 18, 2018The Eastern Maine Development Corp. plans to hire its first economic development director, who is expected to help boost the Katahdin Region's economy.
December 18, 2018
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