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Economic Development
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Maine unemployment rate lowest since 2001
March 15, 2016The U.S. Bureau of Labor Statistics reported that Maine's unemployment rate hit its lowest point in over a decade in January, dropping by 3.8% across the state from the 4.9% estimate of one year ago.
March 15, 2016Portland program pairs employers with general assistance job seekers
March 9, 2016Portland's Helping Individuals Regain Employment program, administered by the Social Services division of the city's Health and Human Services Department, has seen early success in its push to create employment opportunities for general assistance
March 9, 2016Darling's Auto plans $5M Augusta expansion
March 8, 2016The Darling's Auto Group dealership in Augusta this summer is slated to move into a new and larger facility with an expanded service bay, which is expected to improve customer service and allow Darling's to become a Business Choice Dealer, which
March 8, 2016Chamber leader: Funding cuts would threaten L/A business climate
March 8, 2016Matt Leonard, who has led the Lewiston Auburn Metropolitan Chamber of Commerce less than a year, is wasting no time getting involved in local politics.
March 8, 2016
CEI's new CEO is a familiar face in Maine
March 7, 2016Coastal Enterprises Inc. announced that its board of directors has unanimously chosen Betsy Biemann as the organization's next CEO. It also promoted Keith Bisson to the position of president.
March 7, 2016Development heats up in Milbridge
March 7, 2016Representatives of a handful of businesses and organizations that have opened or relocated here say Milbridge is a good place to be, the Bangor Daily News reported.
March 7, 2016Village Capital to invest $50K to assist Maine startup
March 4, 2016A Utah-based venture capital firm has announced that it will team up with a Maine group to assist a startup with financing in addition to connecting the entrepreneurs with potential investors and markets.
March 4, 2016
Why is Wayfair bringing 1,000 jobs to Maine? Financials hint at the answer
March 1, 2016Wayfair Inc.'s fourth quarter earnings report, released on Feb. 25, may provide part of the story behind the Boston-based home furnishings e-commerce company's recent announcement that it's bringing nearly 1,000 jobs to Maine.
March 1, 2016Business leaders, Bangor Chamber support alternative wage hike
February 29, 2016A recent proposition to increase the minimum wage of workers across the state by The Maine People's Alliance is being presented with an alternative program that's gained support from The Bangor Chamber of Commerce.
February 29, 2016Business owners, city officials look to reactivate noise committee
February 25, 2016A Portland committee that has been dormant for the past two years could soon be reactivated following a 'Noise Downtown' meeting at Portland City Hall yesterday.
February 25, 2016
Gov. LePage vies to make Maine No. 1 in maple production
February 25, 2016And we're off – at a slow, syrupy pace that is – as the unofficial start of the Maine 2016 maple tapping season has begun across the state.
February 25, 2016MDF, UME study examines seasonality of Maine's tourism
February 25, 2016More than half of Maine's total lodging sales have consistently come in June, July and August, while the “shoulder season” months of May, September and October have consistently generated only 25-28% of Maine's annual lodging sales.
February 25, 2016Wayfair lease gets unanimous approval from city officials
February 24, 2016The online home furnishing retailer that plans to bring nearly 1,000 jobs to Maine has cleared a hurdle in the city of Bangor, where the company plans to bring 450 new jobs.
February 24, 2016
No takers for Maine's crowdfunding program
February 22, 2016Maine's crowdfunding law, which was heralded as a boon for startups when it went into effect on Jan. 1, 2015, has yielded no funding-raisings in its first year.
February 22, 2016
Top Gun classes named for Portland, Bangor and Rockland
February 19, 2016The Maine Center for Entrepreneurial Development and the University of Maine have announced the members of the Top Gun Maine 2016 class.
February 19, 2016Boston company bringing nearly 1,000 new jobs to Maine
February 19, 2016It didn't take long for the soon-to-be former L.L. Bean call center location in Bangor to find a new tenant — a company that's bringing 450 new jobs to the Penobscot County city.
February 19, 2016
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