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Economic Development
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Rumford could get $400K under proposed land sale to Poland Spring
October 2, 2018Voters in Rumford next week could ratify a measure that would give Poland Spring Water Co. time to consider siting a bottling plant on 150 acres of town land and allow the company to pay $400,000 for the parcel.
October 2, 2018
Ouellette succeeds Susan Corbett as Axiom Technologies’ CEO
October 2, 2018Axiom Technologies CEO Susan Corbett announced Monday she is stepping down and turning over the CEO duties to Axiom President Mark Ouellette, who joined the company in 2015 with a goal of expanding services across the state of Maine and beyond.
October 2, 2018Biddeford+Saco Chamber names new executive director
October 2, 2018The Biddeford+Saco Chamber of Commerce+Industry announced Monday that Jim LaBelle, who has 30 years of marketing and financial management experience, will take over the post of executive director on Oct. 15.
October 2, 2018
Aroostook Partnership hires new CEO/president
October 2, 2018The Aroostook Partnership, an economic development organization in Caribou, hired Paul Towle as CEO and president.
October 2, 2018
Next 2018: Christina Kane-Gibson brings new energy to expanding Caribou's economy
October 1, 2018As Caribou's events and marketing director, Christina Kane-Gibson works 60-plus hours a week coordinating programs, seeking grants and communicating with and supporting businesses and pulling together stakeholders to boost the city's economic
October 1, 2018
Next 2018: Alain Nahimana, a tireless advocate for state's newest residents
October 1, 2018Alain J. Nahimana , who was born in Burundi, is executive director of the Greater Portland Immigrant Welcome Center, which is creating economic, social and civic opportunities for New Mainers.
October 1, 2018
Redevelopment of shuttered Millinocket mill gets $5.3M boost
September 28, 2018Developers of the former Great Northern Paper mill site in Millinocket will get federal aid to implement infrastructure improvements that will help them establish an industrial park.
September 28, 2018
Tale of two coasts: Report details economic disparities in coastal communities
September 28, 2018A new report from the Island Institute reveals that 10 Maine coastal communities with lowest incomes are in downeast Washington County while the 10 communities with highest incomes are in Cumberland, York and Sagadahoc counties.
September 28, 2018
Sappi completes $200M investment at Somerset Mill in Skowhegan
September 27, 2018Sappi North America Inc. unveiled Wednesday its newly rebuilt Paper Machine 1 at the Somerset Mill in Skowhegan, a yearlong project that completes a $200 million investment that is expected to boost its global competitiveness and increase the mill's
September 27, 2018
Coalition unveils blueprint for Maine's energy future
September 27, 2018A group of 20 Maine businesses, nonprofits and associations representing a broad mix of sectors and interests on Wednesday unveiled six guiding principles they say the state should follow to secure a clean, competitive and sustainable energy future.
September 27, 2018
CEI will use federal grant to help Biddeford manufacturer grow
September 27, 2018A Biddeford manufacturer will create 30 jobs as part of a program funded with federal assistance.
September 27, 2018Maine jobless rate up slightly in August, now below 4% for longest period on record
September 24, 2018Maine's unemployment rate has been below 4.0% for 33 consecutive months, the longest period on record, according to the Maine Department of Labor.
September 24, 2018Rural counties will receive energy grants from USDA
September 24, 2018U.S. Sens. Susan Collins and Angus King announced that nine rural Maine businesses received a total of $431,725 in funding through the U.S. Department of Agriculture's Rural Energy for America Program.
September 24, 2018WEX to host inaugural 'Tech Talk Portland' event
September 21, 2018WEX Inc. (NYSE: WEX), Maine's second-largest publicly traded company, will host Tech Talk Portland on Sept. 27 to discuss the future of innovation in the state.President and CEO Melissa Smith will host the event, which will include a keynote speech
September 21, 2018Rangeley airport to get $11.5M for runway extension
September 20, 2018Rangeley will receive $11.5 million from the Federal Aviation Administration to extend the runway and make other improvements at the town's Stephen A. Bean Municipal Airport.
September 20, 2018Maine's economic growth last year lagged behind national rate, feds say
September 19, 2018The economies of Maine's largest metropolitan areas grew in 2017, but not at the pace of the national growth rate. According to data released Tuesday, real gross domestic product in the Portland-South Portland area set the pace for Maine, increasing
September 19, 2018
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