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A University of Maine-led consortium has submitted to state regulators its proposal for an offshore wind pilot project, but the terms of that proposal remain unknown as the university has chosen to seal its 100-page proposal from public view
The state will settle up $183.5 million in Medicaid debt to hospitals within weeks after the Maine Municipal Bond Bank on Tuesday sold its $220 million liquor revenue bond.
Auburn Manufacturing says it’s on track to complete a $1.4 million expansion project this month, doubling the size of its facilities at Auburn’s Kittyhawk Industrial Park.
Over one-third of the prescription drugs stolen from Maine pharmacies in the past four years were taken by employees, according to an analysis by the
The Midcoast Regional Redevelopment Authority will get $1.1 million in federal funds to turn a former Navy Air Operations Center into a general aviation terminal.
A 25-year contract that would give Nestle Waters a steady supply of water from Fryeburg Water Co. could fall through following a series of conflict-of-interest developments on the Maine Public Utilities Commission.
Maine’s 2012 seafood harvest set an all-time record, bringing in an estimated value of $527.7 million, according to preliminary statistics from the state’s Department of Marine Resources.
The Madison-based Backyard Farms will begin hiring back its full staff in phases, starting in October, after furloughs that began Tuesday.
The emerging sector of clean technology has grown faster than Maine’s overall economy in the last decade and outpaced all other technology sectors in the state, according to a
The Port of Eastport will get a $6 million federal grant to replace its breakwater, which protects the port from damage by waves.
Luke Davidson sounds like a man whose head is spinning, a product of learning a lot about business in a little time.
Two corner pieces of the puzzle snapped into place for Portland’s waterfront this summer when Phineas Sprague Jr. sold his 10-acre Portland Co.
In an effort to promote energy efficiency in the United States, several “green” energy tax credits and deductions have been extended through the American Taxpayer Relief Act of 2012. Now might be the time to make energy-efficient upgrades.
When natural gas from a pipeline starts flowing into UPM Madison's heating furnaces late this year, it will be a fuel conversion several decades in the making and a move General Manager Russ Drechsel expects will boost the paper mill's competitive
Lawmakers couldn't stay away from the capital for long. Last week, the full Legislature reconvened for a special session to decide the fate of a $150 million bond package put together through a compromise between Democratic leaders and Gov.
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.
The 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.
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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