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Trade
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Leveraging niche market, Hodgdon splashes two tenders for European megayacht
November 28, 2018The launch of two new tenders for a superyacht under construction in Germany signals a thriving niche market — although one facing increasing competition — for the Damariscotta superyacht tender division of Hodgdon Yachts.
November 28, 2018
USM, businesses launch institute to strengthen economic ties across the North Atlantic
November 2, 2018A new international consortium of universities and businesses could expand economic and educational ties between Maine and countries such as Iceland and Norway.
November 2, 2018Tariff ruling protects 130 jobs and future growth of Sanford rug manufacturer
October 31, 2018Maine's congressional delegation announced Tuesday that Flemish Master Weavers, with 130 employees working at its 210,000-square-foot plant in Sanford, prevailed in its application for an exemption from a tariff on yarn it uses to manufacture area
October 31, 2018
USM to launch North Atlantic partnership with goal of growing state's economy
October 30, 2018The University of Southern Maine will announce Thursday its intent to form the Maine North Atlantic Institute, a comprehensive economic and educational collaboration working with Maine businesses, colleges and universities and K-12 schools, as well
October 30, 2018
Gov. LePage heads to Iceland to participate in Arctic Circle Assembly
October 19, 2018Gov. Paul R. LePage is leading a delegation of more than 40 Mainers to Reykjavik, Iceland, who will participate in the 2018 Arctic Circle Assembly, the largest network of international dialogue and cooperation on the future of the Arctic.
October 19, 2018
Saint Joseph's contributes to research on improving survivability of shipped lobsters
October 15, 2018An academic and industry collaboration is looking into ways to create an environment where a “soft shell lobster” can be turned into a more resilient and valuable “hard shell lobster” after it has been trapped.
October 15, 2018
Eimskip USA's Portland-based managing director steps down
September 24, 2018After nine years of leadership at Icelandic shipping company Eimskip USA, Larus Isfeld is stepping down as managing director. The company will look for a permanent replacement for its Portland operations.
September 24, 2018
MITC awarded $345K in federal funds to help small businesses expand globally
September 20, 2018The Maine International Trade Center has been awarded $345,000 in competitive federal funding to help the state's small businesses become bigger exporters. The award was from the U.S. Small Business Administration's State Trade Expansion Program.
September 20, 2018
MITC offers 'Global U' training for businesses with international ambitions
September 13, 2018The Maine International Trade Center is launching a new 'Global U' education series to give small businesses a leg up on global success.
September 13, 2018
Trump tariffs hurting Maine seating manufacturer, too
September 11, 2018As concern grows about how a potential U.S.-China trade war may continue to adversely impact Maine lobster exports, the state's congressional delegation fears additional tariffs proposed by the Trump Administration also could harm a North Berwick-
September 11, 2018
Lobster exports post steep decline under Trump’s China tariffs
September 11, 2018The value of live Maine lobsters exported to China dropped 64% in July 2018, compared with July 2017, following the Trump administration's imposition of new tariffs on China.
September 11, 2018
Brewers struggling with shortage of aluminum cans
September 6, 2018A shortage of beer cans that has been in the making for a couple of years is being felt by some Maine brewers.
September 6, 2018
Blueberry growers squeezed by price drop, bad weather
September 5, 2018Maine's blueberry industry continues to deal with price drops, unaccommodating weather, diseases, foreign competition and reduced crop size.
September 5, 2018
Maine brewers deliver 70 craft beer varieties to festival in United Kingdom
August 31, 2018The Maine Beer Box has arrived in the United Kingdom for the Leeds International Beer Festival loaded with over 400 kegs, from 65 breweries and 78 different beer varieties ranging from New England IPAs and sour ales to an oyster infused stout and a
August 31, 2018ITC ruling on newsprint tariffs hailed as victory for newspapers
August 30, 2018Maine's newspaper publishers scored a victory Wednesday, with the International Trade Commission nullifying tariffs imposed on imported newsprint by the U.S. Department of Commerce in January.
August 30, 2018Canada's retaliatory tariffs could impact cross-border shopping
August 2, 2018Cross-border shopping between northern Maine and Canada is expected to be hurt by a retaliatory “grocery tariff” established by the Canadian government.
August 2, 2018
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