Posted inBusiness

New data shows Maine foreign exports down about 12 percent

LEWISTON — New data from the U.S. Census Bureau show exports of Maine goods to other countries declined by 12 percent from 2012 to 2013. The data, released for all 50 states Thursday, show Maine exported about $2.68 billion worth of goods in 2013, a decline of $370 million from $3.05 billion in 2012. Exports […]

Posted inBusiness

New hockey team could be worth at least $1 million in economic activity

LEWISTON — A long-term contract with a hockey team that wants to call Lewiston-Auburn home is great news for the Twin Cities business community, local business leaders said Monday. That the New Hampshire Fighting Spirit, soon to be the L-A Fighting Spirit, has agreed to a five-year deal means local businesses and fans can take […]

advertisement
Posted inLetters

E. Field: Maine must find a balance

Every year, newspapers print Forbes’ “Best States for Business” and this year Maine is  No. 49. Forbes is only one of many groups evaluating states. State rankings are determined by the point of view of the evaluators, the specific criteria they have chosen to evaluate, and how much weight is given to each category. For […]

Posted inBusiness, Maine, sj-web

LePage helps celebrate groundbreaking for new tissue mill in Baileyville

BAILEYVILLE — Gov. Paul LePage basked in the glow of a bright spot in Maine’s struggling pulp and paper industry Friday, participating in a ceremony marking construction at Woodland Pulp for a new tissue manufacturing plant. Woodland Pulp held a groundbreaking ceremony at its plant to showcase construction of the St. Croix Tissue mill, which […]

Posted inBusiness, Maine

Economist expects Maine job growth to maintain slow but steady pace in 2015

Maine’s long-flagging economy will maintain a steady pace of recovery in 2015 as it continues to gain jobs in the wake of the Great Recession of 2008, according to Charles Colgan,  a professor at the University of Southern Maine’s Muskie School of Public Service and a former state economist. However, the state economy faces significant challenges […]

Posted inBusiness, Lewiston-Auburn

$6.5 million Hartt Transportation facility breaks ground in Auburn

AUBURN — Hartt Transportation’s expansion means lots of good things for the Twin Cities, according to city Economic Development Director Roland Miller. Company and city officials were on hand Thursday morning to break ground on the Bangor-based company’s $6.5 million business park investment. But Miller said the expansion, a $5.3 million facility with office space, […]

Posted inBusiness, sj-web

Pine State becomes sole bidder in effort to market Maine liquor

AUGUSTA — After spending years preparing to bid on the state’s wholesale liquor contract and successfully appealing this spring when part of it was awarded to someone else, Ford Reiche has decided to walk away. The president of Dirigo Spirits and former Auburn businessman said Friday that his company decided not to bid again on […]

Posted inMaine, sj-web

North to Augusta: Cattle, Collins and beer

It could be the start of a bad joke. What do cattle, U.S. Sen. Susan Collins and beer have in common? You can find the unsurprising answer in Collins’ latest campaign video, a You Tube and television spot that began airing statewide Tuesday morning. Collins, a three-term Republican incumbent from Maine is running against Democratic […]