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Maine State Credit Union builds on technology growth with new COO appointment
Staff July 30, 2021The credit union's new COO will oversee IT, risk management and online banking. Technology has proven key as the industry works to maintain member relationships, and Maine State Credit Union reported digital usage and membership grew in 2020.
Maine forest industry group rolls out strategies to grow workforce
Staff Updated: July 30, 2021If Maine’s forest industry is to continue its growth, thousands of new workers will be needed over the next 15 years to replace retiring ones. Recommendations include marketing the jobs to more high school students and out-of-state workers.
New Maine law removes a potential barrier on job applications: criminal history
Catie Joyce-Bulay July 29, 2021A bill passed earlier this month will prohibit employers from requesting criminal history information on job applications. The new law removes one of the most challenging barriers toward employment, advocates say.
Realtors Foundation awards $60,000 to address housing
Staff Updated: August 2, 2021The grants, which are for nonprofits that are helping Maine’s most vulnerable households, help fund meaningful housing solutions.
Maine Venture Fund names Brien Walton as chair
Catie Joyce-Bulay July 28, 2021The CEO of Acadia Capital Management L3C and director of Husson University's Richard E. Dyke Center for Family Business brings deep expertise in community and economic development, along with entrepreneurial and innovation initiatives.
Buyers of Poland plaza see opportunity to fill retail, restaurant gap
Laurie Schreiber Updated: July 26, 2021The $2.54 million sale illustrates a strong investment market with plenty of capital, low interest rates and investor demand, said one broker. The shopping center serves local and tourist markets and receives over 20,000 visits a day.
Maine home prices are up 25%, and sales are taking place in half the time
Staff Updated: July 23, 2021Continued high demand indicates pent-up buyer demand in Maine. Homes continue to go under contract rapidly after multiple offers. But for-sale supply is improving, perhaps bringing better balance to Maine’s real estate market over time.
New federal relief will provide $200M for logging industry
Staff July 22, 2021Many Maine logging contractors reported a 30% to 40% reduction in wood markets last year, resulting in revenue losses, layoffs, loss of clients and reduced productivity. New relief payments will will make up for some of the damage.
Taking it to the bank: Big developments in Maine depend on a little-known inspection company
Maureen Milliken Updated: July 26, 2021The job of Consultant Services New England, or CSC, is to ensure a proper financial foundation is in place long before the building's foundation is laid. Yet the company receives little fanfare when the project is topped off.
Space odyssey: As employees head back to offices, companies rethink workplace setups
Renee Cordes Updated: July 26, 2021Companies that have been operating remotely are now exploring hybrid models, with physical space for people to meet while allowing them to keep working from home if they can and want to. No size, it appears, fits all.
Today's Poll
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
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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