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The fee that hotel developers are assessed in lieu of building affordable housing will double, from $4,831 to $9,520 per guest room.
Brandon Hotham has served as interim president and CEO since February. He joined the Dempsey Center in 2022 as director of client experience, was promoted to chief experience officer and then to interim president and CEO.
Aquaculture, a young industry that's only been around about 50 years, has embraced technology. Now, underwater cameras and sensors analyze fish behavior in real time, with algorithms determining the optimal timing for feed release.
The gift accelerates a campaign to raise $15 million for a campus expansion to include a 13,000-square-foot clubhouse addition to serve teens and young adults. The goal is to start construction in late 2026.
Participants will include the CEOs of the Maine State Chamber of Commerce and Portland Regional Chamber of Commerce, as well as the president of MEREDA and the CEO of Bangor Savings Bank.
“As efficient and agile as we are, we can no longer navigate the challenging health care landscape on our own,” said York Hospital’s CEO.
The new branch is the first for the 70-year-old institution in decades. For now, Dirigo has four branches — in Lewiston, Auburn, Mechanic Falls and South Paris
The Norwich, N.Y.-based bank said it has seen “tremendous growth” in its Maine customer base in recent years.
WEX is Maine's second-largest publicly traded company, after IDEXX Laboratories Inc.
An estimated 12.5% of Maine’s population rely on SNAP benefits, though that percentage is higher in Androscoggin, Aroostook, Washington, Piscataquis and Somerset counties.
Sponsored by Kennebunk Savings Bank
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.
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.
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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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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 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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