Here’s how Maine ranks as place to start a business

Cheryl RauMainebiz, News

When it comes to starting a business, Maine gets strong marks in a state ranking released Tuesday by personal finance website WalletHub. Maine came in at No. 13 in the nationwide comparison. Texas topped the list, followed by Georgia, California, Florida and Idaho. New Jersey came in last at No. 50 overall and with the highest business costs. States were judged on … Read More

Portland makes it to U.S. News’ top 10 cities to live

Maria McIntyreMainebiz, News

Every year, U.S. News and World Report rates 150 metropolitan areas on their livability.  Last year, Portland was No. 19 – this year it is at No. 8, between Florida’s Sarasota (No. 9) and Naples (No. 7). The analysis compared cities on the basis of 11 criteria in five categories: the job market, housing affordability, quality of life, net migration … Read More

ND Paper to buy and reopen Old Town Mill, restoring 100 jobs

Cheryl RauMainebiz, News

BY JAMES MCCARTHY Two days after announcing a two-year $111 million investment at its Rumford paper mill, ND Paper LLC said Wednesday it has reached an agreement to purchase the Old Town pulp and paper mill, which has been idled since previous owners ended operations there in 2015. ND Paper, a wholly owned Illinois-based subsidiary of Nine Dragons Paper (Holdings) … Read More

Bon Appetit salutes Portland as top food city in the U.S.

Cheryl RauMainebiz, News

BY MAINEBIZ STAFF Bon Appetit magazine, which recently praised Portland’s Rose Foods and Drifters Wife, now names it “City of the Year.” The September issue, which will hit the newsstands Aug. 14, says Portland is by far its smallest honoree, following a three-year stretch where Bon Appetit honored Chicago, San Francisco and Washington, D.C. “Full disclosure: I’ve got a thing … Read More

Maine Voices: State’s community colleges are innovating to help meet workforce needs

Cheryl RauNews, Portland Press Herald

BY JEAN GINN MARVIN, SPECIAL TO THE PRESS HERALD As summer and Maine’s hospitality, construction and other key industries have kicked into high gear, no one needs to be told that our state faces a serious workforce shortage. The evidence is all around us in help‑wanted listings, offers of signing bonuses and abbreviated business hours. The good news is that unemployment in … Read More

Wayfair to add 150 jobs at Brunswick Landing

Cheryl RauMainebiz, News

BY MAINEBIZ STAFF Wayfair plans to add 150 more jobs to its Brunswick Landing site. The Times Record reported that plan will bring the online furnishing and home decor company’s workforce to 550, meeting its goal of having more than 500 employees in Brunswick. The hiring timeline is still to be determined. Liz Graham, Wayfair’s vice president of sales and … Read More

SmartLam becomes second CLT company to locate in Maine

Cheryl RauMainebiz, News

BY JAMES MCCARTHY SmartLam, a Montana-based company that is the first manufacturer of Cross-Laminated Timber in the United States, announced Thursday it plans to expand its operations to the East Coast by opening a new manufacturing facility in Maine. Located in Columbia Falls, Mont., SmartLam is among the six companies the Maine Technology Institute announced Thursday would receive collectively $10.5 … Read More

Anchor tenant signs on at Millinocket’s shuttered paper mill

Cheryl RauMainebiz, News

BY MAUREEN MILLIKEN The site that once housed Millinocket’s Great Northern Paper mill has its first tenant — an anchor that is expected to bring 100 direct jobs to the Katahdin region in the next five years. LignaCLT Maine LLC will build a 300,000-square-foot manufacturing plant on 35 acres of the 1,400-acre site now owned by Our Katahdin LLC, becoming … Read More

Norwegian aquaculture company plans to invest up to $500M in Belfast

Cheryl RauMainebiz, News

BY MAINEBIZ STAFF Nordic Aquafarms, headquartered in Norway and one of the largest international developers of land-based aquaculture, announced today it plans to build one of the world’s largest land-based salmon farms in Belfast, with its total capital investment expected to be between $450 million and $500 million. The Norway-based company announced its plans today at a news conference in … Read More

Coast to coast, hi-tech biz leaves SF to make it in Maine

Cheryl RauNews, WCSH6/WLBZ2

BY CHRIS ROSE, WCSH SACO, Maine (NEWS CENTER) – More and more San Francisco is becoming home to the country’s hottest hi-tech companies, instead of what’s traditionally known as Silicon Valley. But three San Francisco based companies have recently decided to set up shop here. Maine is typically ranked at or near the bottom of best places to do business. … Read More