This year's notable deals include the acquisition of Belfast's Front Street Shipyard by a Blackstone-backed marina operator, and hammond Lumber's purchase of Ware-Butler.
Investments in timber stand improvements are “critical to future wood supply and value, but difficult for landowners to make when wood markets are challenging,” said the owner of a Washington County forestry company.
If passed, the legislation would boost funding for soil and water testing, monitor PFAS levels in individuals’ blood, and upgrade equipment to help farmers stay profitable.
Maine’s Christmas tree industry pumps an estimated $19 million into the state’s economy each year — and Gov. Janet Mills is urging residents to keep it growing by choosing a home-grown tree this holiday season.
Since 2017, 60% of graduates, or more than 100, have been working in the industry. Demand for logging and forest trucking operators in Maine is high and projected to remain so.
With a colorful, informative catalog produced annually and frequent YouTube videos explaining the nitty gritty of growing organic seed potatoes in far northern Maine, the Gerritsens aim to engage directly with as many customers as possible.
The Nov. 3 edition of Mainebiz combines the old school and the new. In addition to a section on how AI is used in Maine, we have a section that focuses on family-owned businesses. You couldn’t ask for a wider array of topics.
Aquaculture, a young industry that's only been around about 50 years, has embraced technology. Now, underwater cameras and sensors analyze fish behavior in real time, with algorithms determining the optimal timing for feed release.
Maine's forest products sector accounts for 3.45% of the state's gross domestic product, according to report that documents an industry in flux over the past five years.