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John Henshaw, who directed the Maine Port Authority for a decade, was credited with overseeing the redevelopment of a derelict port terminal in Portland. Henshaw also led the effort, still in progress, to build a new cold storage facility there.
In a retroactive agreement, the European Union’s elimination of tariffs resuscitates a market for U.S. lobster that was worth $111 million in 2017.
Houlton is the site of a busy border crossing between the United State and Canada, and international travelers have long spurred the town's economy. But all that changed when the pandemic hit. Still, some local businesses are optimistic.
The mission, organized by the Maine International Trade Center's Maine North Atlantic Development Office (MENADO), kicks off with a webinar today, to be followed by two further webinars in August and an online business-to-business company
A new series of podcasts from Mainebiz asks CEOs and other top business leaders how they've bounced back from adversity. This week's installment features Tom Adams, founder and CEO of Maine Coast, an international wholesaler and exporter of lobster.
Maine's Independent senator laid out his concerns in a letter to U.S. Department of Agriculture Secretary Sonny Perdue, demanding what the agency plans to do to support an industry "that continues to be harmed by China's retaliatory tariffs."
The Portland Fish Exchange's longtime general manager, Bert Jongerden, will retire at the end of the year. He established new sources of revenue and oversaw the transition, in 2008, to an internet-based platform, replacing the traditional "outcry"
President Donald Trump on Wednesday signed a memorandum ordering assistance for lobster fishermen harmed by tariffs imposed by China in 2018 and 2019. The type and scope of assistance wasn’t specified.
The Westbrook maker of robotic mass-assembly systems worked around the clock to produce a machine, necessary for making a coronavirus testing kit part, in eight weeks, down from a typical 35 weeks.
The head of the Maine Port Authority tells Mainebiz that cargo loads in the first quarter were 10% above last year, with a heavier volume of food and medicine shipments coming in these days.
Border restrictions between the U.S. and Canada, which may soon be renewed, don't apply to most commercial traffic and returning citizens. Nevertheless, travel into Maine fell over 40% in the first month of the pandemic.
As the international economic downturn affects forest products industries on both sides of the border, producers in Canada are asking for more government help — while their rivals in Maine and elsewhere say that would worsen unfair trade practices.
Recent industry and international disruptions have put Maine’s apple growers in an untenable situation that threatens their continued existence. U.S. Sen. Susan Collins, R-Maine, and U.S. Rep. Jared Golden, D-Maine 2nd District, are seeking economic
Details are still sketchy, but Chinese importers of lobster may be able to purchase Maine's most lucrative marine species without paying the price of a retaliatory tariff.
Lobster 207 has been awarded Fair Trade Certification, and is the only lobster group in the world to earn it. Certifying sustainable livelihoods and protection of the environment, the designation may help the co-op as it promotes Maine lobster.
The trade show, Aquaculture UK, expects to draw 25% more attendees this year than at its last gathering. Diversified is expanding its portfolio of international events that target aquatic industries.
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 will be voted on in Portland that could raise the hourly compensation to $19).
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.
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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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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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