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The state has finalized a deal three years in the works to buy or conserve more than 7,700 acres of land in northern Maine to conservationist Roxanne Quimby for $2.6 million.
The California investment group looking to buy the two Katahdin Paper mills in northern Maine is seeking $48 million in town tax breaks, a proposal that one town official called "a joke."
Husson University's board of trustees has approved a new college of business that will help it attract more students.
A $10.5 million federal grant to help the state take ownership of 233 miles of railroad track in northern Maine has been saved from budget-cutting efforts.
Northern Maine Medical Center has laid off four administrators and reduced remaining adminstrators' pay as part of restructuring efforts to stabilize its finances.
The Katahdin paper mill in East Millinocket currently being eyed by a San Francisco investment group will close in two months if the deal fails to go through.
Laid-off workers in two northern Maine towns are now eligible for aid through the federal Trade Adjustment Assistance program.
The University of Maine's Advanced Structures and Composites Center has been issued a patent for a unique technology used to strengthen bridge and building beams.
Bangor-based Cross Insurance has bought a firm in Wakefield, Mass.
A local entrepreneur has bought the former ZF-Lemforder factory in Brewer with plans to use it to make buildings out of shipping containers.
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 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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