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Economic Development

  • Augusta's Colonial Theater development seen as an economic driver

    Maureen Milliken February 6, 2018

    The long-vacant building is not only a key to revitalizing the north end of Augusta's downtown, but to creating a cultural center that will strengthen the Capital City's economy. This spring, decades' worth of coal ash will be removed from the

    Maureen Milliken February 6, 2018
  • WalletHub: Portland 7th best city to find a job, Lewison 62nd

    Staff February 6, 2018

    Portland ranked seventh best out of 182 U.S. cities in WalletHub's study of the best places to find a job in 2018.

    Staff February 6, 2018
  • Kennebec Savings Bank boosts Waterville Riverwalk project

    February 5, 2018

    The bank donated $150,000 to the project planned for the vacant riverside site that once was home to the Wyandotte mill, another step toward the $1.5 million boardwalk and amphitheater that city officials hope will boost development along the

    February 5, 2018
  • Engineering firm to move to downtown Augusta

    February 5, 2018

    SGC Engineering takes a five-year lease on 7,500 square feet on Augusta's Water Street, moving to the Capital City's downtown from its smaller quarters on Hallowell's Water Street. The move fills the ground-floor space left vacant when Dirigo Health

    February 5, 2018
  • 35 startups selected for Top Gun Maine 2018

    Staff February 5, 2018

    The Maine Center for Entrepreneurs, the University of Maine, the Lewiston Auburn Metropolitan Chamber of Commerce and the Gulf of Maine Research Institute have selected 35 businesses for the Top Gun Maine 2018, a statewide program that assists early

    Staff February 5, 2018
  • Reshaping Portland's waterfront: A flurry of development east to west in Maine's largest city

    Renee Cordes February 5, 2018

    Charlie and Malcolm Poole lease space to 25 tenants and 15 boats that tie up on a pier on Union Wharf in Portland's prized working waterfront. But as they seek new tenants and income sources, the brothers are building a three-story office built at

    Renee Cordes February 5, 2018
  • UMaine campuses in The County tackle region's workforce challenges

    February 2, 2018

    University of Maine at Fort Kent and the University of Maine at Presque Isle are collaborating to leverage resources in order to meet workforce development needs and higher education demands in northern Maine.

    February 2, 2018
  • Downtown Augusta's redevelopment was a long time coming

    By Maureen Milliken January 30, 2018

    Four bars and restaurants and six other businesses have opened in downtown Augusta since mid-2016, joining 34 new apartments and a feeling that "downstreet" is coming into its own in the capital city.

    By Maureen Milliken January 30, 2018
  • Here's how Maine ranks for women entrepreneurs

    Staff January 30, 2018

    In terms of its desirability for female business owners, Maine comes in at No. 22 overall in new state rankings and at No. 10 in the clout department, according to a report by FitSmallBusiness.

    Staff January 30, 2018
  • Jackson’s proposed rural economy task force hits roadblock

    Maureen Milliken January 25, 2018

    A bill proposed by Aroostook County Sen. Troy Jackson, D-Allagash, to form a task force to look at ways of strengthening the state's rural economy has hit a roadblock.

    Maureen Milliken January 25, 2018
  • Knox admits to 'inappropriate' behavior toward female associates

    January 24, 2018

    Jess Knox, co-founder of Venture Hall whose sudden resignation for “personal reasons” prompted the Portland-based business accelerator to shut down on Monday, acknowledged in written statements to the Portland Press Herald and Bangor Daily News that

    January 24, 2018
  • Venture Hall dissolves, $475K grant is canceled

    James McCarthy January 23, 2018

    Two weeks after landing a $475,000 three-year grant from the Kauffman Foundation Entrepreneurs' Policy Network, the Portland-based startup accelerator Venture Hall has closed.That surprise announcement, made on Monday, has prompted the foundation to

    James McCarthy January 23, 2018
  • Money Magazine: South Portland is best place to live in Maine

    Staff January 22, 2018

    South Portland is the best place to live in Maine, according to Money Magazine's latest national scorecard.

    Staff January 22, 2018
  • Former mill site in Augusta: A blank slate waiting for developer to make something happen

    Maureen Milliken January 22, 2018

    The 17-acre site that for 150 years housed paper mills on the east bank of the Kennebec River in Augusta has an eye-catching view of downtown and the State House downstream, is close to Route 3 and access to Interstate 95 upstream. A developer's

    Maureen Milliken January 22, 2018
  • New Bath trail along Kennebec River to foster waterfront development

    January 18, 2018

    The City of Bath plans to start construction this spring of a $1.8 million half-mile walking trail along the Kennebec River.

    January 18, 2018
  • Gardiner Main Street seeks executive director to succeed Patrick Wright

    Staff January 17, 2018

    Gardiner Main Street, a nonprofit group devoted to supporting the city's downtown historic district, is seeking an executive director to lead “the most exciting redevelopment effort in the state of Maine.”

    Staff January 17, 2018

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Today's Poll

Is an electric car in your plans?
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Poll Description

Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs. 

In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.  

The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.