Rumford

Economic development

🔒Modular structures are another option to speed construction

Advances in technologies have enabled modular manufacturers like KBS to offer mass customization, making it possible to efficiently produce a broader range of work.
Housing

$11M senior living project in Rumford wraps up

“This building is literally a cornerstone to the town’s continued efforts to revitalize, restore and rejuvenate our housing stock and help grow our economy,” said Rumford’s town manager
Housing

Rumford gaining 18 affordable, energy-efficient apartments

Kara Wilbur’s Dooryard LLC is continuing to bring housing to the Oxford County town of Rumford, with the addition of an apartment complex at 986 Prospect Ave.
Downtown revitalization

Rumford seeks commercial tenant for 1924 fire station

The town's select board board said the building vacated a year ago is well-maintained and prime for preferred tenants that could include a brewery or restaurant.
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Housing

High Tide Capital creates housing in historic properties rather than building new

The Bangor-based development firm is currently rehabbing an 1800s former factory in downtown Orono, one of multiple projects High Tide has tackled across the state.
Housing

Affordable senior housing project underway in Rumford 

The project will include 33 one-bedroom apartments in a 28,000-square-foot complex at 101 Hancock St. All units are reserved for residents 55 and older.
Banking & Finance

United Insurance acquires six offices from central Maine firm

United Insurance acquired six Kimball Korp locations, in Rumford, Farmington, Lewiston, Livermore Falls, Turner and Sangerville. 
Housing

Rumford’s Black Mountain to see modular construction condos

A new condo development planned for Black Mountain in Rumford will build 40 units onsite, the first for the ski mountain.
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Aging population

A mainstay in Rumford branch of Franklin Savings Bank will retire

Rich Allen plans to retire after over 23 years as the vice president and senior commercial loan officer at Franklin Savings Bank’s Rumford branch. 
Housing

Construction starts on $11M Rumford affordable senior housing

Units will be allocated to households earning 50% to 60% of the area median income or less. Seven vouchers will be reserved for tenants with disabilities.
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