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Economic Development

Inc. 5000 includes 12 fast-growing Maine companies

James McCarthy |

Tilson Technology Management and Landry/French Construction Co. are joined by 10 other Maine companies in Inc. magazine's annual list of the 5,000 fastest-growing companies across the country.

NBRC's funding hike targets forest-based industries


U.S. Sen. Susan Collins, R-Maine, a senior member of the Senate Appropriations Committee, reported that $15 million in funding for the Northern Border Regional Commission is included in the energy...

Workforce housing development eyed in Bar Harbor

Much-needed workforce housing is in the offing for Bar Harbor, a popular vacation and summer-home destination where the affordable-home market of yesteryear has been overwhelmed by online rental...

Small-business incubator established in Waldoboro

A small-business development space called BugTussle Brooder has been established at the former Fieldcrest Manor Nursing Home in Waldoboro.

Catalyst Paper's project would support 62 new jobs at Rumford mill

British Columbia-based Catalyst Paper Corp. projects that a $56 million investment in a tissue-making machine at its Rumford mill would support 62 full-time jobs.

Saco Island targeted for $40 million development

Developer Bernie Saulnier is putting together a $40 million mixed-use project for the east side of Saco Island, but city officials are advising him to seek community input before submitting plans.

NIMBY: Arrested development, as neighborhoods test veto power on zoning decisions

Renee Cordes |

In Portland, citizens are seeking signatures to put a measure on the ballot that would would essentially give neighborhoods veto rights over proposed zoning changes.

Maine Water Co. one of 12 qualifying for EPA low-cost loans


Maine Water Co. is one of 12 projects nationwide selected by the U.S. Environmental Protection Agency to apply for a low-cost water infrastructure loan to help pay for its $50 million water treatment...

Vets First Choice raises $223M to fuel expansion


Vets First Choice, a Portland-based online pharmacy and prescription-management company for veterinarians and their pet-owner clients, announced today a $223 million strategic investment to...

Harold Alfond Foundation's $7.5M pledge advances The Maine Center initiative

James McCarthy |

The Harold Alfond Foundation announced a $7.5 million challenge grant to the University of Maine System to support the Maine Center for Graduate Professional Studies, an ambitious multi-phase $150...