Please do not leave this page until complete. This can take a few moments.
The initiative, now in its third year, is a partnership between Coastal Enterprises Inc. and FocusMaine.
A first-ever economic analysis found Maine’s seafood sector had $3.2 billion in total output in 2019, the latest year available. The output was driven by retail sales, lobster harvesting and seafood processing.
Oyster farming has grown from a few operations 40 years ago to about 150 farms today, driven by an optimal growing environment, conducive regulations, a strong market and training programs.
Some 44% of Maine’s 13,414 agricultural producers are women.
New studies hypothesize the decline is due to climate change. The disconnect has been widespread in the Gulf of Maine and could impact the future of the lobster population.
Land trusts can provide a vehicle for private sector partners to work together to mobilize additional funding sources and act more nimbly to save working waterfront properties.
The Norwegian firm bought the former seafood processing facility, including a 100,000-square-foot complex on 94 acres, a year ago, in the midst of controversy around its proposal to farm 66 million pounds of salmon annually in Frenchman Bay.
In the past four months, Cousins Maine Lobster launched in Denver, Colo., and expanded into Maryland, Virginia, Washington, D.C., and the Gulf Coast from Pensacola to Mobile, Ala.
The institute has an “extraordinary” 40-year history that directly touches people’s lives, said Hamilton. The mission includes advancing climate, economic resilience and leadership programs and cultivating the next generation of leaders.
Beth Orcutt focuses her research on the microscopic life on and beneath the sea floor. As vice president for research, she will guide Bigelow Laboratory’s research around the world to understand the ocean and develop solutions.
“We’re committed to expanding our knowledge and expertise to culture fish and shellfish in a way that’s productive and profitable,” said Deborah Bouchard, director of the Aquaculture Research Institute.
Biddeford-based Ocean’s Balance has established Seaweed Farmer Services, which will dry and mill farmed kelp on an industrial scale.
Maine’s farmed seaweed industry has seen substantial growth in production and farm operations over the past decade. The industry is showcasing products, research and innovations this month.
Nearly $3 million will help companies enter the sustainable packaging market. Marine debris incurs losses to the lobster industry and communities.
The program was designed to help Maine aquaculture businesses increase production and the capability to grow volume and sales in current and new markets through innovative projects.
Current regulations don’t have adequate safeguards, the newly formed Maine Finfish Alliance says. It proposes stocking limits at marine finfish farms, including the net-pen salmon farm proposed by American Aquafarms.
Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month.
Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.
As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.
With so many people shut out of buying a home, we're curious what alternatives people are finding.
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
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy