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Unemployment in the state during July was 3%, down from 3.2% in June. Maine's unemployment rate has been below 4% for 43 consecutive months. And Maine's counties hit record-low unemployment levels of their own.
Eleven Maine companies have made the Inc. 5000 list, which ranks privately held U.S. companies by revenue growth over the past three years. WEX is No. 72 on a list of fast-growing public companies.
Rebecca Swanson Conrad resigned as president and CEO of the Lewiston-Auburn Metropolitan Chamber of Commerce in June, after a two-year tenure that included consolidating the Lewiston-Auburn
New England's largest privately owned tire and auto service company is an $80 million business based in Auburn, nearly a century old. Now it's changing with the times.
The Maine Beer Box just completed its third international trip with a stop at the Halifax (Nova Scotia) Seaport Cider and Beer Festival. The giant "kegerator" is helping to develop export markets for Maine craft brewers.
Lewiston city councilors tomorrow will discuss the proposed formation of a committee dedicated exclusively to shaping the city's housing policies.
Eric Chinburg, president of Chinburg Properties in Newmarket, N.H., purchased the Continental Mill in Lewiston and envisions developing a mixed-use project of residential, retail, light industrial, commercial and office tenants.
The U.S. Green Building Council has awarded Geiger, a promotional products distributor, LEED Certification at the Gold level for its Lewiston headquarters.
Massachusetts developer Saxon Partners is in the early stages of apartment projects in Lewiston, Augusta and Biddeford that could add nearly 750 units of workforce housing in those cities.
A Topsham real estate firm is in the middle of building or expanding new sites for three Ford dealerships, in South Portland, Thomaston and Brunswick. And a Belfast boatyard is going upscale.
Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs.
In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.
The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.
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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