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The aluminum auto body manufacturer has had 490% growth in three years, and was ranked for the second year in a row by Inc. 5000 as Maine's third fastest-growing company.
New data shows home sales from May through July in Hancock County increased 20.1% over the same quarter last year. That was the greatest increase among all of Maine's counties.
As the trend to convert one-way downtown streets to two-way grows, studies show benefits to property values, vacancy rates and more.
The Bar Harbor Town Council has scheduled a workshop to discuss potential ways to address what some councilors are calling an affordable housing crisis.
The Belfast building products manufacturer, which in April announced its intent to buy a defunct paper mill in Madison, has completed the purchase.
Previously on the market for $15.5 million, East of Eden, a Bar Harbor estate, is up for auction without reserve.
The owner of a consulting firm called Restaurant Rockstars is part of a partnership that bought Stones Cafe and Bakery in North Yarmouth for $465,500.
The U.S. Department of Housing and Urban Development has awarded $4.6 million to support affordable housing throughout Cumberland County and specifically in Portland.
Many Maine food and beverage companies develop a product, but can'd find or afford larger space to expand production. Coastal Enterprises Inc. convened stakeholders to discuss the “next facility” problem.
In northern Maine, business opportunities are popping up in unexpected places: 3D metal printing in Orono, a new nursing education program in Millinocket, and a massive bridge construction project in Madawaska.
Just three years ago, an entire block on Exchange Street in Bangor was devoid of activity. Today, thanks to developer Adam Moskovitz and others, the block is a lively hub of arts, culture and small businesses.
Development of former municipal dumps is heavily restricted, but solar power is one permitted use that is benefiting developers as well as Maine towns and cities.
Benchmark Real Estate of Portland plans to unveil its new "Benchmark Box" on Aug. 15 at Third Thursday at Trinity Park, a community event supporting revitalization of the Portland neighborhood of Woodfords Corner.
Eric Chinburg, president of Chinburg Properties in Newmarket, N.H., purchased the Continental Mill in Lewiston and envisions developing a mixed-use project of residential, retail, light industrial, commercial and office tenants.
Massachusetts developer Saxon Partners is in the early stages of apartment projects in Lewiston, Augusta and Biddeford that could add nearly 750 units of workforce housing in those cities.
AIT Bridges yesterday unveiled a new bridge girder made of composite materials, and says the product is lighter and longer-lasting than traditional concrete and steel girders.
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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