New Balance

Under the terms of the contact, the Defense Logistics Agency could purchase up to 540,00 pairs of New Balance's 0430 athletic shoe made in Maine.

With a commitment from the New Balance Foundation, the first phase of construction on the Skowhegan River Park will get started on June 29.

Here’s a look back at 10 stories that shaped 2025, starting with a photo essay by photographer Tim Greenway from the 2025 Mainebiz Fact Book.

Boston-based New Balance athletic footwear manufacturer has just completed a 120,000-square-foot expansion to its Skowhegan factory.  

Boston-based New Balance has just completed a $65 million, 120,000-square-foot addition to its athletic footwear factory in Skowhegan.  

Recipients include a summer camp program to help teens attain leadership skills and an initiative providing consistent access to nutritious food for students and their families.

The 6-foot-9 power forward, widely expected to be the No. 1 pick in the next NBA draft, has signed on as a brand representative for the international sports apparel company. Terms were not disclosed but the deal is likely worth millions.

The factory in Norridgewock will permanently close as New Balance consolidates the operations at its recently expanded facility, 6 miles away.

Strategies include developing career pathways and apprenticeship programs in sectors from food and agriculture to outdoor recreation.

The donation is the second major gift by the Boston-based sports apparel company, which has three factories in Maine.