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Maine's forest products sector accounts for 3.45% of the state's gross domestic product, according to report that documents an industry in flux over the past five years.
Jessica Oriente, project engineer at Sappi North America, said she’s had the opportunity to lead the civil, structural and architectural scope of a multi-year project and work with team members and companies from around the world.
The use and development of tech and wood-based products — like LiDAR and cross-laminated timber — could be advanced if the $15 million, two-year grant is awarded.
Current law excludes loggers from the kinds of disaster relief and assistance available to other industries, including fishermen and farmers, when natural disasters strike. as a result of storms and other natural disasters.
The combined company will employ more than 1,200 people across 34 retail locations in Maine and New Hampshire, according to the Belgrade-based buyer.
The Madison-based manufacturer said it plans to ramp up production with recently improved products and build out its sales force across the Northeast and mid-Atlantic regions.
The acquisition of Johnson Lumber, in Salisbury, Mass., marks the buyer's first foray into the Bay State.
Maine has 587 life science companies employing nearly 10,000 people, but ranks 37th in the nation for R&D. The center would drive statewide coordination, investment and program development to support long-term industry growth.
A new federal program finances wood processing facilities utilizing wood products from at-risk forests. The USDA Forest Service identified Maine woodlands that fit the profile.
NotchSB, as the company will be known, has its roots in GO Logic, a Belfast design-build firm co-founded in 2008 by Matthew O’Malia to focus on Passive House construction.
The 50,000-square-foot facility is designed as a digital manufacturing environment powered by high-performance computing and artificial intelligence.
Forest bioproducts, clean energy and new uses for old infrastructure are the focus points for industrial projects across Maine slated to receive technical assistance from the state.
Cost increases for the redevelopment of a 19th-century Bethel home into apartments prompted a community campaign to raise funds for completing the project.
Tiny homes and accessory dwelling units are an emerging segment of the housing market. The acquisition will leverage Hancock Lumber’s buying power, facilities and manufacturing expertise.
The Maine Redevelopment Land Bank Authority — created two years ago by the state Legislature — aims to accelerate the redevelopment of neglected, abandoned, environmentally hazardous and functionally obsolete properties.
Sappi North America has promoted four senior staff members to new leadership positions in Maine.
Sponsored by Kennebunk Savings Bank
As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.
In June, the city extended the moratorium by six months.
With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing.
Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.
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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.
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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.
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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