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Contact with national and local investors yielded a quick sale to a buyer who needed to complete a 1031 exchange.
The total includes more than $1.3 million specifically for victims and families affected by the Oct. 25 mass shootings.
Androscoggin Bank, based in Lewiston, has appointed Kate Rush as the next executive vice president and chief operating officer.
J's Oyster, DiMillo's, Luke's Lobster and the Porthole collaborated with lobstermen and dealers to raise funds for the victims and their families.
The owner says increased vagrancy has been discouraging walk-in customers, and the new location offers an opportunity to lay out retail and workshop space from scratch.
A guest columnist believes using artificial intelligence is essential for businesses that want to remain competitive. Don't let the bad press about AI fool you, he writes.
Terms were not disclosed, but the acquisition by Elmet Technologies creates a company with 500,000 square feet of facilities, nearly 400 employees and $200 million in revenue.
Small businesses, agricultural cooperatives, aquaculture businesses and nonprofits in six counties can apply for low-interest emergency loans from the Small Business Administration.
Moving from the relative obscurity of a third-floor space, the Androscoggin Historical Society will now have street-front visibility and exposure to a broader audience. The move took 1,800 volunteer hours.
Blue Ox Malthouse produces malt for brewers, spirit makers and bakers. Construction is underway to triple the operation’s malting floor space and quadruple its processing capacity.
In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.
Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).
While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives – or have neither the time nor the interest to do so.
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 MoreWork 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 MoreWhether 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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