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Guest columnist Derek Volk, CEO of Volk Packaging Corp., writes that Maine companies are saddled with high costs, greater tax burden and more regulations than more competitive states.
The French use the whole scallop, while U.S. cuisine focuses on the scallop's adductor muscle. There could be culinary and economic value in learning how to employ the whole animal.
Tempshield, a Trenton-based maker of cryogenic gloves and other protective gear, is among the winners of the Maine International Trade Center's 2024 International Trade and Investment Awards.
The Icelandic shipping company posted 2023 financial results that show net earnings fell 36.1% last year.
The forum was developed to help a growing group of new Cuban entrepreneurs navigate international business with U.S. companies.
Founder Churchill Elangwe-Preston self-financed Mbingo Mountain Coffee with savings from his career as an electrical engineer.
An Old Town startup, Global Secure Shipping, builds the containers from high-strength composites, embedded with sophisticated sensors that fight theft and tampering.
In Massachusetts, Patrick Woodcock oversaw offshore wind procurements and state and regional energy policies. In Maine, he helped advance energy efficiency investments.
Since 2020, over 60 small businesses in Maine have received financial assistance to support their international exporting, resulting in $6.9 million in sales.
Portland has seen steady growth with Eimskip continuing to serve international markets, bringing imports of fresh salmon from Iceland and the Faroe Islands.
Exports of Maine’s frozen wild blueberries to Japan have declined as a result of a tariff that favors competitors like Canada and the European Union.
Auburn Manufacturing Inc., which makes materials that offer protection from extremely high heat, has been defending its market against low-cost exports from China. “It’s like a detective story,” said CEO Kathie Leonard.
Starting Oct. 1, travelers to Canada via Maine and elsewhere will no longer be subject to COVID-19 entry restrictions in place since the start of the pandemic.
During times of economic uncertainty, diversification of markets is considered a sound business strategy, with international business being a key element.
Coping strategies vary from scheduling time off to meditation.
The long-awaited waterfront facility is due to be completed in February 2024. A previous plan failed after a member of the consortium behind it pulled out in 2018.