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From modular construction to opportunity zones to a formula to make it affordable to build middle-income housing, private developers are finding ways to build much-needed affordable and workforce housing.
Baker Newman Noyes, a Portland-based accounting and advisory firm, has promoted three new employees at its headquarters office to principal.
The German discount grocer plans to open its first Maine store at 1100 Brighton Ave. in Portland.
Auburn-based VIP Tires & Service, with 75 locations in five states, continues its expansion, now with the third location in Connecticut.
The three-day event had been scheduled to take place in Portland this week.
The Portland seafood processor said the addition of Maine kelp industry leader Briana Warner will help support continued growth and innovation in its value-added products.
The property checked the boxes for the practice on the first floor and also for an investment, with a newly renovated apartment going in on the second floor.
Over $162,000 was awarded to match local grants to 29 organizations providing housing and/or fuel assistance to people with low incomes.
In November, Mainebiz asked, "Are you worried about how President-elect Trump's higher U.S. tariffs could affect your business?" Around 53% of respondents said they were.
As of Feb. 1, President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada and an additional 10% levy on goods from China. Energy imports from Canada, including oil, gas and electricity, are to be taxed at a lower, 10% rate.
Even with a 30-day pause on tariffs on Canada and Mexico, the plans are still looming. This week plans to enact tariffs on aluminum and steel are expected to go into effect.
The vice president of finance is stepping away to launch Chris Brown 33, an online music marketing firm named for the vinyl record size.
Thirteen luxury condos will replace an apartment building at 246 Eastern Promenade, a street that has not had a new development in more than five decades.
The Portland-based financial technology services provider also issued initial 2025 financial guidance.
"There a lot of good stuff happening in Waterville," the company's president told Mainebiz as the family-owned discount retailer gets ready to open its 19th store there in April.
In today’s competitive talent market, hiring for fit — prioritizing cultural and role alignment, attitude, and potential — is not just a trend. It’s a necessity.
Guest columnist Bob Montgomery-Rice, president and CEO of Maine's largest bank, offers some suggestions about how to prepare for shifts in the economy this year.
All together, CEI invested nearly $23 million in 129 business, most of which are based in Maine.
Homeful Village is modeled after Community First! in Austin, Texas, a mix of formerly unhoused residents, intentional neighbors and services.
The Maine law, which went into effect Jan. 5, requires manufacturers to make diagnostic auto repair information available to vehicle owners and independent repair shops.
Norway Savings Bank has hired Melissa Kraft as a vice president of project management.
After a 10% tariff on goods imported from China took effect on Tuesday, the Asian nation responded with targeted countermeasures
By converting remote workers into local employees, we strengthen our businesses, communities and economy, writes guest columnist Katie Shorey.
The project preserved the original structure and added 15 cottages and 17 spa suites with terraces. Features include custom wallpaper, furniture and fixtures.
Maine aquaculture operations produce more than 25 species of finfish, shellfish and sea vegetable — more than any other U.S. state, according to the Maine Aquaculture Association.
Skowhegan Savings Bank has hired Michael Pietroskias as a vice president and commercial lender.
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.
Coming June 2025
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.
Coming June 2025
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