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Dutch aquaculture company Kingfish Zeeland has secured funding for its expansion, which includes development of a $110 million land-based recirculation facility in Jonesport.
A 17,348-square-foot industrial building at 47 Spring Hill Road in Saco will become the new home of Maine Lobster Now, a delivery service for live Maine lobster and other seafood products. The acreage provides room for expansion and vertical
Two new studies point to the role of ocean changes in the rise and fall of lobster populations, but draw different conclusions.
Dutch aquaculture company Kingfish Zeeland is considering Jonesport as the site of a land-based recirculation facility for producing yellowtail kingfish.
With Maine lobster exports already hurt by retaliatory Chinese tariffs, the U.S. is urging the European Union to eliminate its tariff on the state’s most valuable fishery product.
Ready Seafood, a supplier of live and processed lobster with headquarters in Saco, plans to continue operations and leadership of the specialty lobster product maker.
The projects are among 55 across the U.S. that will share $900 million, with the aim of shoring up rural infrastructure, improving safety and the economy.
Bangs Island Mussels, which sells the shellfish to restaurants and wholesalers, has acquired Calendar Island Mussel Co. for an undisclosed price.
The Maine Lobstermen’s Association said the Department of Marine Resources’ plan to protect the whales seeks reductions in fishing gear that exceed the risk posed by the Maine lobster fishery.
Portland Yacht Services/Portland Ship Yard has acquired a custom-built, extra-wide mobile boat hoist and is about to complete a specially constructed indoor storage facility, all to fill a niche for handling large boats that were otherwise
The state has proposed a modified plan to protect the endangered North Atlantic right whale while creating less hardship for the lobster fishing industry than a proposed federal plan.
The U.S. Senate last week advanced funding bills that will support Maine fisheries and provide money for the acquisition of a new training ship by Maine Maritime Academy in Castine.
The leases, administered by the state Bureau of Parks and Lands, allow upgrades to existing outfalls and pumps at the former Verso Paper mill site.
Greenhead Lobster is one of several Maine lobster businesses moving into the processing end of the industry after seeing live lobster export revenues reduced by as much as 80%.
Some Rockland businesses are wary about any increase in the number of large cruise ships visiting the city. Others say cruise ships of all sizes benefit the city, but call for limits. The City Council is reexamining its guidelines.
Maine's Department of Corrections and Department of Labor are partnering to connect employers with former inmates who are reentering the workforce.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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