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The deal, subject to regulatory review and expected to be completed in January, will make MEMIC one of the country's largest multi-state workers' compensation specialists with a strong foothold in the Midwest.
The new degrees target fields facing critical shortages at both the state and national levels, including early childhood education, human services, medical laboratory science and homeland security.
Under AMC stewardship, the North Woods area will support restoration forestry, habitat connectivity, climate adaptation and forestry- and recreation-related jobs.
Ahead of public hearings before the Maine Public Utilities Commission, Gov. Janet Mills said the proposed rate increase “blatantly ignores” the economic reality that Maine residents face every day.
In a nod to its shipbuilding roots, Five County Credit Union has rebranded as Ancorum, which blends the words "anchor" and "quorum," for community.
Ben Dinsmore, the incoming general manager and CEO, brings more than 25 years of global experience to the role, succeeding John Warnock, who resigned in March.
The program targets Maine students with a high school GPA of at least 3.4 and family income of $100,000 or less.
"Maine is ripe to have its moment, and we're determined to help make it happen," said Chris Torina, the Roux Institute's director of entrepreneurship.
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 U.S. Environmental Protection Agency and the Midcoast Regional Redevelopment Authority have agreed on an action plan to address an August 2024 release of PFAS-containing firefighting foam at the Brunswick Executive Airport in Brunswick.
The $49.9 million project, by Reed & Reed Inc. for the Maine Department of Transportation, will entail demolishing the 88-year-old Frank J. Wood Bridge between Brunswick and Topsham and replacing it with a structure designed to last a century.
In the 1950s, a previous house on the property was occupied by film star Bette Davis, who died in 1989. That house was razed. The structures there now were built in 2002.
The increase, set to take effect on Jan. 1, will be 45 cents higher than the current rate.
Construction of the 51-unit apartment building, to be called Lofts North, is coming in at $12 million and is expected to wrap up by August 2026.
Marie McCarthy, a retired L.L.Bean executive, will become chair of the board after Lawrence Sterrs retires on Dec. 31.
The buyer of a 15.5-acre lot in Gorham Industrial Park is confident there’s plenty of demand for build-to-suit industrial space.
The class, open to all Maine Realtors, responds to back-to-back storms in Maine in late 2023 and early 2024. The estimated damage to public infrastructure in Maine was $90 million.
Noah Stebbins — known by some as “the Machine" — has demonstrated a strong work ethic and a drive to get deals done.
"We value our partnership with PWM and will continue to evaluate a return in the future," a spokesman for the low-cost carrier told Mainebiz.
Tenants come from Caribou, Caswell and New Brunswick and were looking for space needed to grow their operation and markets.
Portland Mayor Mark Dion called on members of the business community to pitch in, while developer Kevin Bunker pushed back against bureaucracy.
To combat the trucking industry's shortage of drivers and technicians, the Maine Motor Transport Association is rolling out driving simulators and grants to help pay for training.
Workers who commute into Rangeley have about 50 children under age 5, but the town had fewer than 20 early child care slots available. The center is part of a trend supporting working families and employee recruitment.
The hub will bring together clinical services and providers now spread throughout Greater Portland, with additional construction of an orthopedic surgical center.
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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