Latest

🔒College of the Atlantic president to step down after two years in the role

After two years at the helm, the president of College of the Atlantic said she’s been offered the opportunity to lead a small, liberal arts–based university in Salt Lake City.

Three Maine towns to share $4M for safety infrastructure upgrades

Larger modern fire trucks, ample space for training and equipment storage and quicker emergency response times are the focus of upgrades in three small, rural towns.

Norway Savings donates $2,500 for home buyer education

HoMEworks received a $2,500 contribution from Norway Savings Bank to support education for homebuyers.

🔒Northeast Harbor hotel in Chapter 11 sold to hospitality firm for $60M

Approximately $14 million in liens were filed against the seller by contractors who worked on an extensive renovation.
ADVERTISEMENT

🔒Planned Somerset County plywood plant clears hurdle with USDA backing

Maine Plywood USA LLC, set to receive $11.9 million in loan guarantees through the USDA Rural Development program, is expected to employ up to 110 people.

🔒Portland budget proposal calls for raising property taxes, cutting 74 positions

The proposed FY 2027 city budget for Portland, if approved, is estimated to raise property taxes by 4.2%, increasing the average homeowner’s bill by $130. It also recommends eliminating 74 staff positions.

Bath Iron Works inaugurates $40M building to speed production of Navy warships

The new Pier Support Center, adjacent to where BIW's first Flight III destroyer is being completed was built to house mechanic space for trades heavily involved in waterborne construction.

Maine home supply stays tight in March as median price holds steady

For many prospective buyers, housing affordability is a challenge due to the imbalance of supply and demand of homes for sale.
ADVERTISEMENT

🔒Mushrooming business: MTI grant helping spark expansion at North Spore

There’s been “a real increase in demand from customers wanting to grow mushrooms outdoors in their gardens” with over 20% growth in that category, said North Spore’s president.

Buyer of Blue Hill garden center will add brewery

The buyer of a Blue Hill garden center plans to expand his Orland brewery operation there while continuing the garden center. Eventual buildout of a taproom is envisioned.
ADVERTISEMENT

Latest Stories

More Business News
ADVERTISEMENT

Thought Leadership

More Thought Leadership

Career Opportunities

Economic Development Specialist

City of Bangor
,
Bangor, Maine
$29.14 to $39.12 per hour
More Jobs | Submit a Job
More Events | Submit an Event