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Old Town Canoe is adding 48 jobs at its facility in Old Town.
A Rockport housing developer has announced plans to build a $20 million biomass furnace factory in Millinocket and create as many as 150 jobs in five years.
Bangor Savings Bank reported record earnings for its fiscal year that ended March 31.
Eastern Maine Healthcare Systems, based in Brewer, has announced plans to open health care clinics in Wal-Mart stores in Maine.
Fraser Papers today filed for bankruptcy protection in Canada and the United States.
Founded: November 2007, by Jan and Roger Lucas and Judy and Clifton Boudman
Employees: Four partners and eight employees
Gov. John Baldacci on Friday said he would convene a meeting with Irving Woodlands to settle a dispute over a Maine labor law.
Hollywood Slots has continued its streak of increasing revenues, bringing in more than $64 million in gross revenue in May.
The Aroostook Band of Micmacs has acquired property at the former Loring Air Force Base in Limestone, which the tribe says it will use for economic development.
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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