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Research labs in Bar Harbor were among the biggest grantees. Others included a Biddeford biotechnology start-up and a Bangor provider of services for Wabanaki people.
The annual awards recognize commercial and nonprofit leaders for exceptional contributions to Maine and Maine's economy. The 2022 recipients represent an array of industries and regions — from housing to handbags, from Portland to Skowhegan.
Six award alumni share advice they would give their younger selves, leadership lessons from the pandemic and what they see as Maine's biggest economic challenge or opportunity.
2022 Mainebiz Business Leaders of the Year: The Small Business and Entrepreneur Leader of the Year, Lambke has built Maine Grains from a local grist mill into a community around grain and related products, energizing downtown Skowhegan and the
2022 Mainebiz Business Leaders of the Year: The Large Company Business Leader of the Year, Oakes has served as CEO of Sea Bags since 2013. Under his watch, the maker of totes and accessories from recycled sails has doubled down on growth, despite
The funding will allow the Kittery-based shipyard to work on more advanced Navy submarines — and keep working going well into the future.
Like the Inc. 5000, the regional rankings are based on each company’s revenue growth, as a percentage, over a three-year period. On average, the companies in the Northeast had a growth rate of 208%.
The investment follows the acquisition last year of a larger warehouse and distribution center in North Jay to accommodate growing demand.
The lab is proposed to expand UMaine’s Advanced Structures and Composites Center and support advanced technologies such as artificial intelligence, high-performance computing and arrays of large 3D printers.
When complete, the 1.4-megawatt array in Brewer is expected to offset 1,670,900 pounds of carbon annually.
For its next rocket launch, the company is in discussions with Kennedy Space Center in Florida, but will continue to search in Maine for a future launch site and manufacturing plant.
Grants have been awarded to 224 companies, the vast majority of which are in rural parts of the state.
A Maine investor views industrial property beyond Greater Portland as a hot commodity, thanks to the cannabis market, e-commerce and startup activity.
More Maine companies are looking to automated systems to speed operations, grow capacity, and in some cases fill in for workers they can’t find. But those aren't the only benefits, the businesses are discovering.
The test was the first of a series that’s expected to culminate later this year in the launch of full-sized commercial rocket, powered by a bio-derived fuel, into low-Earth orbit.
The plant, owned and operated by onsemi since 2016, is expected to change hands in the next quarter. In 2021, onsemi laid off hundreds of employees worldwide, including some in South Portland.
Sponsored by: Kennebunk Savings Bank
Fast-growing towns are trying to determine how much growth is appropriate.
Scarborough, Maine's fastest-growing town, recently turned down a proposal to create another tax increment financing district, which would have encouraged more development.
That raises the question that many towns and cities in Maine face: of how to limit growth.
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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