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Penobscot Island Air, Katahdin Air sold to New England tech leader
Peter Van Allen November 10, 2023Penobscot Island Air was founded in 2004 by Kevin Waters after another airline folded. The airline is a lifeline to islands like Matinicus, transporting passengers, Amazon packages and medication.
$201K federal grant will help Downeast communities weather climate change
Laurie Schreiber November 10, 2023The Island Institute will hire more fellows to help communities establish climate change plans and energy efficiency programs.
Friday Food Insider: Restaurants are opening, closing and changing hands
Alexis Wells Updated: November 10, 2023Changes in Maine's restaurant scene are happening at the pace of a fast-food pickup window. The Friday Food Insider has a roundup of who's new and who's through.
Bath Iron Works fires up fabrication for next Navy destroyer
Laurie Schreiber November 9, 2023Developments in radar and combat systems make the latest version of the Arleigh Burke-class the most technologically advanced surface warship in the world, says the Bath shipbuilder.
Building Business: Small and large, projects are still in the works
Peter Van Allen Updated: November 13, 2023Despite higher interest rates, construction costs and labor shortages, construction projects continue to break ground and come to fruition across Maine.
$2M in federal relief offered for businesses affected by Lewiston tragedy
Renee Cordes November 7, 2023Small businesses, agricultural cooperatives, aquaculture businesses and nonprofits in six counties can apply for low-interest emergency loans from the Small Business Administration.
Camden National Q3 earnings slide on sale of securities, higher interest rates
Laurie Schreiber November 2, 2023Net income fell 21% from the second quarter, and the company said it sold some of its investments in response to rising interest rates.
Portland's Grill Room & Bar has reopened after a major fire in June
Alexis Wells November 1, 2023The "urban steakhouse" was shuttered after the blaze, but pledged to rebuild — like several other Maine businesses that are rising from the ashes.
PenBay Chamber appoints interim president
Alexis Wells October 31, 2023Gordon Page assumes the position immediately, succeeding Eric Belley, who resigned Oct. 24.
Vitalius Real Estate opens midcoast branch office
Laurie Schreiber Updated: October 30, 2023The branch office will be in downtown Bath, at 129 Front St. It will initially be staffed with five brokers.
Today's Poll
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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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