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Manufacturing

🔒Portland-based Elmet to get $450M to boost US supply of tungsten

“This investment represents an important step toward securing a resilient supply of tungsten, a material that is critical to America’s defense, industrial and economic future,” said Elmet’s CEO.
Labor

🔒CLYNK to close Biddeford processing facility, cut 54 jobs

"The decision to close the Biddeford, Maine processing facility is part of a larger project to improve CLYNK’s operations and was not one we took lightly," the South Portland-based company said.
Retail & Food Service

🔒Rosemont Market finds room to grow in Yarmouth

The move is planned for early 2027, when Rosemont will relocate to 108 Main St., the former Fiore Home space.
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Latest Stories

Sports business

🔒Lewiston Colisée sold to investment firm with expertise in hockey rinks

“Our focus is on creating a strong future for the Colisée and making sure it continues to be a place where people want to come, whether they’re playing, watching a game or attending an event,” said one investor.
Real Estate & Construction

Bangor building leased to Denny’s sells for $1.65M

“The property offered the buyers an established, income-producing asset in a highly visible Bangor location,” said one broker.
Transportation

Fast-growing Scarborough to get additional transit service

In a 2025 survey, Scarborough residents identified traffic and transit as top priorities, according to a presentation made by Metro earlier this summer.
Housing

Number of Maine homes sold in August drops 10% even as prices rise

Maine's median sales price hit $424,550 in August, an increase of 4.31% from August 2025.
Shipbuilding

Bath shipyard lays keel for next Navy destroyer

The USS John E. Kilmer is named after a Korean War Navy hospital corpsman who received the Medal of Honor posthumously.
How to

How to handle ‘bro’ language in the workplace

It is true that men often speak in “bro” language — “dudes” communicating informally, like in a locker room. There are also hand gestures that go along with the language, including fist bumps and hand slaps.

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Fisheries & Marine

🔒Biddeford withdraws opposition to UNE’s proposed research pier

Plans for the pier have been in the works for years and were approved by the Army Corps of Engineers, the Saco River Corridor Commission, the Maine Department of Environmental Protection and the Biddeford Planning Board.
Government & Politics

🔒Portland mayor blasts ‘addicts who have taken us hostage,’ calls for shift in policy priorities

"We give too many passes as an act of compassion, and that’s why we have what we have," Portland Mayor Mark Dion told a Thursday forum in Portland.  "It’s really time to say, ‘No, enough.’”
Friday Food Insider

🔒Friday Food Insider: Lewiston brings back a piece of restaurant history

Several Lewiston businesses and organizations are marking milestones this fall, from the return of a historic restaurant sign, a downtown food festival and recognition for a local manufacturing facility.
Nonprofits

Goodwill reopens renovated Gorham store with an appearance from mascot Puffy G

Goals included optimizing the sales floor and production operations, which helped increase the assortment of available products.
Housing

Gorman Foundation awards $1.2M to address food, housing needs

In all, 70 nonprofits in all 16 Maine counties received funding. In addition, the foundation gave $100,000 each to Preble Street, based in Portland, and Good Shepherd Food Bank, headquartered in Auburn.
Infrastructure

Portland nears final stretch on downtown intersection revamp

The planned reconstruction of the busy Congress Square intersection, first started in 2022, is now expected to wrap up by the end of October.
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Latest Poll

What's the No. 1 thing that would improve Maine’s business competitiveness?

Maine ranks No. 35 in CNBC's annual "America's Top States for Business" rankings, moving up eight spots from the 2025 ranking.

While Maine scores highly for quality of life, ranking No. 2, it continues to lag in key areas., including the cost of doing business (No. 44) and infrastructure (No. 47).

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Featured Columns

How To

Ask ACE: How do I find the right resources for my new business?

Finding the right resources starts with getting clear on what you actually need, according to Rachel Battarbee from the Association for Consulting Expertise.
Made in Maine

🔒Made in Maine: Capt’n Eli’s Soda brings nostalgia and quality to competitive market

The brand traces its roots to the 1920s, when the Forsley family began making homemade root beer in their New Gloucester home.
Friday Food Insider

🔒In Eliot, tiff over TIF funding results in closure of brew pub

Shipyard Brewing Co. owner Fred Forsley told Mainebiz that the closure was partly the result of the town's decision to stop making payments under a TIF agreement.

Thought Leaders

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The Role of Trusts in Business Succession

Trusts are versatile planning tools for business owners and can aid them in ensuring a thoughtful business succession. A Trust can provide business continuity...

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