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The nonprofit Center for Entrepreneurial Studies received financing for the purchase from the nonprofit Genesis Community Loan Fund.
The project will include 33 one-bedroom apartments in a 28,000-square-foot complex at 101 Hancock St. All units are reserved for residents 55 and older.
Training an educated workforce is key to developing a successful and productive community and economy.
With orders up 25% through the first quarter, the manufacturer, which has sites in Guilford and Pittsfield, says tariffs will have a "negligible" effect on operations.
A national boutique hotel developer is opening its first Maine location in Skowhegan's 80,000-square-foot Spinning Mill, which overlooks the Kennebec River.
Market research showed there was a PFAS testing backlog, delaying turnaround by weeks. A Norridgewock lab processes samples in 10 business days, giving it early success bringing on clients.
Simulation laboratories provide animatronic mannequins, virtual reality trainers and replicated hospital rooms. They also help address Maine's shortage of nurses.
The restoration included restored windows, updated building systems, modern kitchen amenities, historic woodwork and flooring, and wood fiber insulation made by TimberHP in Madison.
Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.
A number of Maine-based banks have been expanding into New Hampshire in recent years. The goal is to broaden markets and serve existing New Hampshire customers, while remaining close to the Maine base.
Sponsored by: Kennebunk Savings Bank
Fast-growing towns are trying to determine how much growth is appropriate.
Scarborough, Maine's fastest-growing town, recently turned down a proposal to create another tax increment financing district, which would have encouraged more development.
That raises the question that many towns and cities in Maine face: of how to limit growth.
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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