Small Business

🔒On the Record: Oxbow Brewing to strengthen foothold in existing markets, expand events

The Newcastle-based brewer — based at a farmhouse on Maine’s midcoast — also has locations in Oxford and Portland, where President Briana Warner sat down with Mainebiz for an update on the business.

Business owners ‘spooked’ by oil price surge, national survey shows

A monthly national barometer of small business optimism released by the National Federation of Independent Business shows a dip in March. In a monthly barometer released Tuesday, the NFIB Small Business Optimism Index fell 3 points in March to 95.8, leaving it below its 52-year average of 98.

🔒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.

🔒New leases on life: Portland storefronts starting to fill up on troubled downtown street

Newcomers to Congress Street include a collectibles and trading card store, two coffee shops and a vendor of magazine titles from around the globe.
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🔒Racing ahead: Aroostook County’s Spud Speedway earns SBA honors

In the SBA’s Small Business Awards for Maine, Spud Speedway in Caribou has been named Maine and New England "Veteran Owned Small Business of the Year."

🔒A roundup of Maine commercial real estate leases for April 2026

Here are the Maine's commercial real estate leases published for the month of April 2026. The document is updated weekly.

🔒New CEO of Lewiston Auburn Metro Chamber looks to support employers

Susan Ruhlin started in the role on March 23, succeeding Shanna Cox as the organization’s president and CEO. Cox announced her resignation last July to run for political office.

January immigration raids took toll on Maine’s economy, report says

The Maine Center for Economic Policy estimates that ICE's “Operation Catch of the Day" reduced taxable retail sales by around $3.4 million during the 10-day period in the areas most directly affected by the raids.
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On the Record: Lessons in leadership from the C-Suite

As Mainebiz gets ready to celebrate 2026’s Business Leaders of the Year for their accomplishments and contributions to Maine’s economy, we checked in with some of last year’s honorees to ask about their leadership advice for this year’s winner

🔒Bay State hardware chain buys Kennebunk store, its second in Maine

Rocky's Ace Hardware, a 100-year-old family-owned chain based in Springfield, Mass., will add to its Maine footprint with the purchase of Kenebunk Ace Hardware in York County.
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