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Since 2004, the organization has deployed over $1.11 billion in New Markets Tax Credits financing to over 100 businesses and developments across the country — and in the process, creating or preserving 12,662 jobs.
Sappi North America has promoted four senior staff members to new leadership positions in Maine.
Purchases and civilian payroll last year at Portsmouth Naval Shipyard increased nearly 5.5% over the 2022 total, which at the time was the highest ever.
The Manufacturers Association of Maine will co-host a career fair for the manufacturing and maritime industries, Maritime Industry Day, on Oct. 2 in Portsmouth, N.H.
The USS William Charette, due to be completed next year, was named for a Navy master chief hospital corpsman who received the Medal of Honor during the Korean War.
From Portland's Black Box business incubator to market stands and in-store demos, pop-up retail is an attractive stepping-off point for many entrepreneurs.
The 6-foot-9 power forward, widely expected to be the No. 1 pick in the next NBA draft, has signed on as a brand representative for the international sports apparel company. Terms were not disclosed but the deal is likely worth millions.
In South Portland, the two business partners at The Rope Guru have lassoed 35 years of experience. They now make custom rope products of all sizes and shapes to meet the needs of hundreds of customers across Maine and the U.S.
Bath Iron Works says advancements in radar and combat systems make Flight III Arleigh Burke-class destroyers, including the one now under construction, the most technologically advanced surface warships in the world.
The list includes employers that have consistently made the cut each year, as well as some newcomers. In total, 134 Maine businesses and organizations are 'best' in 2024. Their rankings will be announced in October.
With up to 12 turbines, the primary purpose of the array is to evaluate floating offshore wind technology and the energy it produces as a renewable resource.
The project involves renovating a 7,000-square-foot mill dating back 160 years and adding 11,000 square feet of new space.
The bootstrap company was awarded a $175,000 grant to research 'green' extraction of bioactive compounds from Maine seaweed. The chemicals are used in skin care products.
Developing such new products from waste wood could ultimately generate additional revenue streams for Maine's forest-related industries.
Sea Bags, the Portland-based maker of totes and other accessories out of recycled sails, is now recycling fabric from the inflatable monster that sat atop the skyscraper for a week.
The factory in Norridgewock will permanently close as New Balance consolidates the operations at its recently expanded facility, 6 miles away.
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
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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