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Manufacturing
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FocusMaine created 1,200 jobs, $262M in revenue over 5 years, report says
September 30, 2024FocusMaine is now focused on ramping up its work to increase collaboration in each industry.
September 30, 2024
FAME financing for Maine optics company may help retain, create jobs
September 27, 2024The $1 million loan will help with construction costs at the Portland facility, where operations and equipment are expected to move from a site in Arizona.
September 27, 2024
Lewiston-based Elmet Technologies turns to Aussie miner to strengthen tungsten supply chain
September 24, 2024The deal provides access to the only Western source of Western tungsten concentrate to support Elmet Technologies growth. The metal is key to defense, aerospace, medical, semiconductor and other applications.
September 24, 2024
$65M in federal funds will expand tax credits for manufacturing growth in Maine, nationwide
September 24, 2024Since 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.
September 24, 2024
Sappi North America promotes four to new leadership roles
Updated: September 23, 2024Sappi North America has promoted four senior staff members to new leadership positions in Maine.
Updated: September 23, 2024
Navy shipyard in Kittery adds record-high boost to region's economy
September 19, 2024Purchases 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.
September 19, 2024
Manufacturers Association of Maine will host first Maritime Industry Day to stoke career interests
Updated: September 12, 2024The 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.
Updated: September 12, 2024
Bath Iron Works moves to next stage in construction of Navy destroyer
August 30, 2024The 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.
August 30, 2024
Snap, crackle & pop-up: Temporary retail gains traction in Maine
Updated: September 2, 2024From 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.
Updated: September 2, 2024
Maine basketball phenom Cooper Flagg inks endorsement deal with New Balance
Updated: August 27, 2024The 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.
Updated: August 27, 2024
These guys know rope: The Rope Guru finds success in a niche market
August 25, 2024In 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.
August 25, 2024
As work starts on new destroyer, BIW calls on its Brunswick site for steel cutting
August 22, 2024Bath 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.
August 22, 2024
Here are the 2024 ‘Best Places to Work in Maine’
August 20, 2024The 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.
August 20, 2024
First floating wind-turbine research site in the US advances in Maine
August 20, 2024With 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.
August 20, 2024
Lewiston's Maine MILL museum gets federal boost for redevelopment plans
August 13, 2024The project involves renovating a 7,000-square-foot mill dating back 160 years and adding 11,000 square feet of new space.
August 13, 2024
Kittery startup expands R&D on kelp extract for use in skin care products
Updated: August 13, 2024The 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.
Updated: August 13, 2024
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