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A group of Maine business owners is proposing turning the former Stinson Seafood Co. cannery property in Belfast into a boatyard and manufacturing facility.
Nearly $30 million in federal tax credits will fund the construction of 184 affordable housing units in six cities across the state.
Federal labor officials are suing a defunct Portland millworking company and its owner for more than $10,000 in pay withheld from employees.
When Tobias Parkhurst, nearing 30 and retiring from professional skateboarding, decided to move back to Augusta from Massachusetts, he went looking for a nice downtown apartment. He couldn’t find one, anywhere.
Foreclosures dipped in Maine in the third quarter of 2010, but an uptick in delinquent first mortgages means foreclosure problems will likely continue this year.
A superior court has thrown out a lawsuit against hotelier Tom Walsh's planned 110-room hotel in Bar Harbor.
The DEP found fewer violations of the state's environmental laws this year, most likely due to the poor economy.
After losing part of their court case against a proposed hotel/condo development on Great Diamond Island, a group of residents is now hoping to garner a compromise from the developer.
Home sales in Maine fell nearly 24% in November, while the median sales price rose almost 4%.
Freeport-based Giri Hotels is spending as much as $1.8 million to renovate the former Holiday Inn in Augusta.
One afternoon last summer, Joe Simpson began watching his security screens more closely after Kittery Trading Post’s surveillance cameras picked up a white van in the parking lot.
From 2001 to present, I’ve led as its president CEI Community Ventures (CCVI), a $10 million early-stage venture capital fund, now fully invested and awaiting returns.
Waterfront zoning changes in Portland will allow more non-marine businesses to locate on the city's major piers and wharves, a move property owners say will bring in more revenue.
Central Maine Power Co. has selected three out-of-state companies as lead contractors on its $1.4 billion transmission upgrade, a project expected to add up to 1,000 new jobs.
The Memorial Bridge between Maine and New Hampshire is expected to reopen in three weeks following a $30,000 repair.
A legal battle over Pike Industries' operation of a quarry in Westbrook is still alive, after two interveners in the case decided to appeal last month's court decision.
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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