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Augusta
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With federal funds and new partners, Maine MEP helps manufacturers through pandemic
Laurie Schreiber July 21, 2020A new, federally funded partnership of industry organizations is assessing manufacturers’ operation disruptions caused by COVID-19, to begin implementing tailored recovery plans.
Large multi-family portfolio sale reflects ongoing interest in Augusta
Laurie Schreiber July 20, 2020The off-market sale of a large portfolio of multifamily housing units in Augusta netted a profit for the sellers and bolstered the portfolio of the buyer, who has similar properties in southern Maine and Greater Boston.
18 'swab and send' COVID test sites launch, backed by Maine health care businesses
Staff Updated: July 15, 2020The test collection sites are opening across Maine, operated by a variety of health care organizations. Officials say the new sites will increase test access for residents as well as visitors.
'Troubled' Maine State Cultural Building closed for upgrades, asbestos removal
Maureen Milliken July 13, 2020The 55-year-old building that houses the state museum, library and archives, will not only get a full mechanical upgrade, but also be cleared of asbestos, which has been an ongoing health issue for state employees. It will be closed indefinitely.
In central Maine, it's a busy time for financial mergers
Renee Cordes Updated: July 13, 2020In recent weeks, two banks with similar names announced their were becoming one, while two credit unions made a similar announcement of their own.
Maine pledges $35M in federal relief for budget-strapped local governments
Staff June 24, 2020The matching funds pledge, announced by Gov. Janet Mills on Tuesday, is meant to help municipalities and other local governments whose budgets are stretched as a result of the ongoing public health and economic crisis.
Mills to USDA: Add maple syrup to Coronavirus Food Assistance Program
Staff Updated: June 24, 2020Gov. Janet Mills called for the U.S. Department of Agriculture to include maple syrup as a specialty crop that can receive federal economic support. Maine is the third-largest producer of maple syrup in the United States.
Maine home sales decline 21%, but prices climb
Staff Updated: June 23, 2020The pandemic and continued short supply cooled off what had been a hot market for single-family homes. But home values and demand remained strong in May.
Credit union corner: Central Maine merger, virtual money conference
Renee Cordes Updated: June 23, 2020Connected Credit Union, of Augusta, is merging with Winslow Community Federal Credit Union, and Town & Country Federal Credit Union goes to a virtual format for its annual money conference this Wednesday.
Kennebec Savings to merge with smaller Kennebec Federal Savings
Renee Cordes June 18, 2020The combined entity will have about $1.25 billion in assets and employ 165 people in a merger that's expected to be completed in the fourth quarter of 2020.
Today's Poll
A year ago, respondents shared their predictions about the economy in 2025 amid concerns about inflation, wage pressures and the new administration in Washington.
Around 43% expressed cautious optimism, acknowledging potential ups and downs, while roughly 27% felt pessimistic about the year ahead.
So, what do you think?
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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