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Millinocket reduces tax debt to help Cate Street’s pellet plant project
March 9, 2015Millinocket officials have granted a $356,541 tax abatement on this year's property taxes to Cate Street Capital Inc. and two subsidiaries in hopes it will help the Portsmouth-based investment firm proceed with its proposed $140 million Thermogen
March 9, 2015FieldStack tapped for Blackstone 'Accelerated Ventures' program
Lori Valigra March 9, 2015FieldStack, a lean retail company based in Portland, has received funding and access to mentors and other resources through the Blackstone Accelerates Growth Accelerated Ventures program.
Lori Valigra March 9, 2015
Two Maine companies embrace 3D printing in their product development processes
James McCarthy March 9, 2015A 2014 survey of 100 industrial manufacturers conducted by PricewaterhouseCoopers, an international professional services network, reveals that 3D printing is revolutionizing the way products are manufactured.
James McCarthy March 9, 2015
WEX continues to eye expansion: A decade after IPO, technology is integral to global growth
James McCarthy March 9, 2015WEX President and CEO Melissa Smith has a well-honed elevator pitch about the company's prospects for continuing the 10% to 15% annual growth rate it's achieved since becoming publicly traded in 2005.
James McCarthy March 9, 2015
In his new company, Bull Moose's Brett Wickard uses statistics to infer customer buying patterns
Lori Valigra March 9, 2015When Bull Moose's computerized ordering system bought hundreds of copies of Walt Disney's “Hocus Pocus,” Chad Verrill, the music chain's director of operations, was surprised.
Lori Valigra March 9, 2015Argo Marketing faces lawsuit from ex-workers
March 6, 2015Lewiston-based Argo Marketing Group is facing a lawsuit from six former workers over allegations that they weren’t paid for overtime.
March 6, 2015Investor seeks 'other users' for shuttered GNP mill
March 6, 2015The California investor that bought the shuttered Great Northern paper mill in East Millinocket for $5.4 million no longer is marketing the facility to newsprint manufacturers and is seeking “other users” for the site.
March 6, 2015Feds give $2.5M to Maine housing authorities
March 3, 2015The Maine State Housing Authority is receiving the majority of a more than $2.5 million grant from the federal government to help residents obtain affordable housing.
March 3, 2015Maine housing projects get $1M in grants
March 3, 2015Five affordable housing initiatives in Maine are receiving a total of more than $1 million in grants from a national nonprofit that was established by Congress.
March 3, 2015Fitness center in Brewer to liquidate assets
March 3, 2015A Snap Fitness franchise in Brewer has filed for Chapter 7 bankruptcy more than a year after it was listed for sale.
March 3, 2015Flagship closes second theater in six months
March 3, 2015Flagship Cinemas has closed its second theater within six months, this time in Lewiston.
March 3, 2015Nonprofit buys former Elizabeth Arden spa
March 3, 2015A nonprofit supporting combat-wounded veterans has purchased the former estate of beauty magnate Elizabeth Arden, who was once one of the wealthiest women in the world.
March 3, 2015Isleboro to vote on borrowing $3M for broadband
February 26, 2015Voters in Isleboro will consider at their May 9 annual town meeting borrowing $3 million to build a broadband Internet network, according to
February 26, 2015Whitney nominated to lead MTI
February 23, 2015Brian Whitney has been nominated by Gov. Paul LePage to serve as the Maine Technology Institute’s next president, six months after the previous leader’s ouster.
February 23, 2015
Greater Portland's push to improve the health informatics field has high stakes
Dylan Martin February 23, 2015Health informatics.
Dylan Martin February 23, 2015
Maine Textiles hires former financial services leader as CEO to head expansion
Dylan Martin February 19, 2015Maine Textiles International LLC, the owner and operator of the Saco River Dyehouse, has hired a new CEO to lead the company’s expansion into domestic and international markets.
Dylan Martin February 19, 2015
Today's Poll
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
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 More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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