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Founded in 1924 by a pair of highway engineers, Richmond-based engineering and construction firm Wyman & Simpson has long specialized in bridge and road construction, adapting new techniques and technology in an effort to invert that classic D
U.S. Coast Guard crews will attempt today to retrieve a tugboat that sank in the Piscataqua River Wednesday.
Home sales are up from this time last year, according to statewide figures from the Maine Association of Realtors.
Maine's energy sector continues to grow and evolve as new suppliers and technologies enter the market. Here's what's going on:
Over the past generation, naming rights for sports arenas has been a popular tool for stadium owners and corporations alike.
Delays around landing a large commercial tenant will likely hold up an $18 million Old Port development until next year.
The Jackson Laboratory is under contract to buy a 140,000-square-foot former Lowe's building in Ellsworth, where the nonprofit plans to locate warehousing, administration and mouse production.
The Kennebec Valley Community Action Program is hoping to take over the historic Gerald Hotel in Fairfield in a $6.5-million deal at the end of this month.
Wesco International, a worldwide electrical parts wholesaler, will close three of its five Standard Electric stores in Maine by the end of the month, citing a slowdown in the residential real estate market for the closures.
Scarborough-based Landry/French Construction has won its second contract with Allagash Brewing this year to complete an expansion of multiple parts of the Portland brewing operation.
The federal government is asking the Maine State Housing Authority to return nearly $200,000 in federal housing assistance payments that it says were used on ineligible housing units.
Wiscasset-based CEI Capital Management announced that in its latest round of federal tax credit allocations, $960,000 of a total $63 million awarded is staying in Maine.
The Live Lobster Co. processing plant in Prospect Harbor, shuttered since early spring, is now owned by Garbo Lobster, a Connecticut-based lobster distribution firm.
The region's first torrefied wood facility cleared its last regulatory hurdle this week, paving the way for construction to begin on the $48 million Millinocket facility.
Seven of Portland's oldest landmarks are in peril and without any classification or legal protection to prevent new buyers from altering them, according to a list from Greater Portland Landmarks that made its debut this month.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy.
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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