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Over the last five years, research and development expenditures at UMaine have grown 80.2%, helping the school achieve designation as a top-tier research university.
Last month's Outdoor Retailer Snow Show brought back some attendance from pre-pandemic levels, as well as visibility for Maine Outdoor Brands and five of its member businesses.
A public-private program has been supporting redevelopment projects for the next generation of forest products. With the new money, funding now totals $1.2 million.
Two Maine food entrepreneurs will kick off the new season of the TV business-pitch series on March 24. A total of 10 contestants are in the running.
The Hews Co., a truck body and equipment manufacturer, named two family members to new senior roles in the 95-year-old business.
M&A advisors forecast a busy dealmaking year for Maine companies in a variety of sectors.
The goal is to cultivate new audiences through digital avenues, such as an online education series based on WoodenBoat School classes, and a membership website.
Businesses in this York County city now include high-tech manufacturers for biotechnology and life sciences, precision manufacturers, and service providers in health care, information technology and engineered materials.
Maine Scale, which sells and calibrates scales for a broad range of industries, acquired MaineCal, a laboratory equipment repair and calibration company in a move to expand its services.
Maine is well-represented among this year's winners with products ranging from craft beer to white chocolate "with a twist."
The departure of the final Zumwalt destroyer, the Lyndon B. Johnson, will allow BIW to focus on a different class of destroyers.
WoodenBoat is one of Maine's most prominent magazines. The enterprise also includes a school, a boat show and retail operations. The buyers will continue operations through a lease at the longtime Brooklin campus.
New episodes of "The Day That Changed Everything" podcast are released every two weeks.
GO Lab Inc. closed on the sale of $85 million in bond funding and completed a New Markets Tax Credit transaction that will fund construction of a wood fiber insulation manufacturing facility in a former mill in Madison.
Eric Stockinger comes from leadership positions in education, boatbuilding and retail management. His goals include boosting female enrollment and recruiting the next generation of instructors for the school, over 40 years old.
Maine business leaders from across their state share their lofty goals for the new year.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision was approved in Portland that will raise the hourly compensation to $19 within three years).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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.
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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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