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 […]
business
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 […]
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 […]
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 […]
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 […]
Bang-up business: Economic development booming in Oxford
OXFORD — Business is good in Oxford. Real good. While surrounding towns in Oxford Hills are still struggling to climb out of the hole left from the Great Recession of 2008, Oxford has seen an uptick in economic development for a few years now. “When we went into the recession, a lot of towns had […]
$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, […]
Paris town officials set meeting for residents’ input on downtown study
PARIS — Town officials have scheduled a meeting next week for residents to give input on the future of the downtown area. Residents are asked to attend a public hearing at 6;30 p.m. Monday, Aug. 19, in the Town Office to offer suggestions for an ongoing study that will eventually be compiled into a strategic plan […]
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 […]
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 […]