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Rinck has hired Jenna Candusso, of Austin, Texas, as associate creative director.
Some 29 organizations supporting recovery efforts in the wake of last October's tragedy will receive $62,522 each from a special fund set up by the Maine Community Foundation.
The 19,980-square-foot office building “popped off the page for me as tremendous opportunity for Creative Works,” said CEO Matt Hickey.
A roundup of construction news from around Maine includes Cianbro's efforts to move a major piece of equipment from Brewer, by sea, to the Portsmouth Naval Shipyard.
The promotional products distributor announced the acquisition of California-based 02 Marketing +Design for an undisclosed amount.
The county’s labor force, business creation and consumer spending power have been bolstered by New Americans, the report by a Washington, D.C., nonprofit says.
As costs and staffing shortages place pressure on health care providers of all types, the two nonprofit behavioral health organizations are joining forces.
Central Maine Community College in Auburn has received a $3.3 million federal award to expand the school's health care training with a 7,200-square-foot addition to Kirk Hall.
The founder of Working Fields is dedicated to helping others who need a second chance after addiction, criminal convictions or other barriers. The agency assigns peer coaches to help employees succeed at their new jobs.
The new OneLewiston Resilience Fund is dedicated to supporting the creation of a memorial and to community events that help the city move forward from the murder of 18 people on Oct. 25.
For months, banks and other businesses have looked for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions had been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
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 MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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