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Bowerbank, ME · Business

Bangor Daily News

partner publisher · 28.3K followers

Developer who wants to convert Bangor Mall into housing just lost key investor

Bangor Marketplace and Residences LLC has spent months planning to turn the aging mall into a mixture of housing and stores.

Bangor, ME · 21d

islands.com

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Forget Florida, Retire To Maine's Serene Haven With Affordable Living, Tranquil Lakes, And Parks

Not all travelers and soon-to-be retirees like beaches and palm trees, and not all want to roam golf courses with other silver-haired folks, living in an endless summer. Some prefer four seasons a year, or an affordable place with lakes and expansive parks. Maybe they would rather forget Florida and move somewhere like Piscataquis, a county of nearly 4,000 square miles in central Maine. Retirees considering the move won't be alone — more than a quarter of the county's residents are 65 years or older, according to the community data ranking site Niche.

Piscataquis County, ME · 20d

wabi.tv

website

DOE to release 315,000 barrels from Northeast heating oil reserve

MAINE (WABI) - The Department of Energy will release up to 315,000 barrels of heating oil from the Northeast Home Heating Oil Reserve, a third of the reserve. Senators Susan Collins and Angus King announced the move in a press release Wednesday. In September, the senators urged the administration to take the step to help protect Mainers from high heating oil costs ahead of winter.

Maine · 19d

mainebiz.biz

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Maine brands go national: Businesses with roots in Maine find success across the country

For Maine makers, scaling nationally means finding ways to grow beyond the state’s borders without leaving behind the qualities that make their businesses uniquely Maine. Subscribe to Mainebiz and get immediate access to all of our subscriber-only content and much more. Critical Maine business news updated daily. Immediate access...

Maine · 22d

wabi.tv

website

Social Security COLA increase to affect 388,000 Mainers in 2027

MAINE — The Social Security Administration has released its cost-of-living adjustment, providing a 3.6% increase for 2027. Starting in January, Mainers will see about $75 more in their monthly Social Security payments or about $900 for the year. “The Social Security Cost of Living Adjustment, or COLA, is something...

Maine · 21d

wabi.tv

website

Gas, diesel prices fall in Maine; heating oil still near record high

MAINE (WABI) - Gas prices in Maine have eased slightly in the past week. The average price for a gallon of gas is $4.34, according to AAA. It’s nearly a nickel cheaper that it was last Monday. Diesel prices have also gone down slightly, it now sits at $6.42,...

Maine · 21d

mainebiz.biz

website

Made in Maine: Midcoast manufacturer makes tools that are handed down over generations

Thomas Lie-Nielsen started the company in 1981 in a 400-square-foot shed on a Rockland blueberry farm. He built his first hand plane with equipment from a retiring toolmaker. Subscribe to Mainebiz and get immediate access to all of our subscriber-only content and much more. Critical Maine business news updated daily.

Rockland, ME · 22d

penbaypilot.com

website

Maine home prices increase, sales decrease in September

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of Realtors, is a statewide Multiple Listing Service with over 6,300 licensees inputting active and sold property listing data. All statistics are point-in-time data collected on the fourth business day of each month. All data may reflect late reporting of sold data from a prior period.

Maine · 21d

Public News Service

partner publisher · 2.5K followers

Public, private funds lock in protections for western Maine forest

Conservationists are celebrating the permanent protection secured for more than 27,000 acres of forest in western Maine. The land serves as an important corridor for wildlife to northern forests and will continue to provide year-round recreational access to a connected trail network . Tom Duffus, vice president and Northeast representative for The Conservation Fund, said various land trusts and multiple public and private funders worked for years to ensure the area remains free of development. "Here in the state of Maine, our tradition and our culture is that we help our neighbor and we work with each other to get bigger things done, and that's exactly what has happened here," Duffus explained. Year-round outdoor recreation has grown increasingly important to Maine’s economy, contributing nearly $4 billion in 2024, while supporting more than 32,000 jobs. The project removes the boundary between the popular skiing spots of Sunday River and Mt. Abram, turning the area into a single, connected outdoor destination. The effort began in 2020 with the purchase of the 15,000-acre Chadbourne Tree Farm near Bethel, which is rich with red oak and white pine trees. Duffus pointed out the area will remain a working forest and the land will still

Maine · 20d

mainebiz.biz

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Central Maine Growth Council new hire will support ‘continuous growth’

The Central Maine Growth Council hired a finance expert to oversee grants and operations. Leslie Wilson steps into a newly created position that will support “continuous growth,” the Waterville-based public-private economic development organization said in a news release this week. That will include the expansion of the Dirigo...

Waterville, ME · 19d

vermontbiz.com

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Key Private Bank names Matt Simpson New England Market Leader

Key Private Bank has named Matt Simpson New England Market Leader. In his new role, Simpson will oversee KeyBank’s wealth management teams in the Maine, Vermont and Boston markets. He will be based in KeyBank’s Maine Market headquarters office in Portland. Simpson has nearly 20 years of experience...

Vermont · 21d

themainemonitor.org

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Experts clash over long-term drought risks during Poland Spring permit renewal hearings

DENMARK — The Denmark Select Board held the third in a series of extended public hearings last week on Poland Spring Water Co.’s extraction permit renewal, scheduling a fourth meeting to evaluate public comments and the company’s responses. The Select Board held public hearings on the permit...

Denmark, ME · 20d

Scripps News

partner publisher · 182.3K followers

Heating oil costs test political loyalties in northern Maine

Maine · 20d

mainebiz.biz

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Editor’s note: A Maine manufacturer shows its toughness in getting into tungsten

Tungsten is one of the toughest metals: it’s hard, dense and heat resistant — which is possibly why it’s used in defense products and why the “tungsten” concept has been adapted in at least one pickup truck name. Deputy Editor Renee Cordes looks at a...

Maine · 22d

Yahoo!

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Maine lobstermen receive diesel discount from nonprofit amid rising fuel costs

Downeast Maine lobstermen received a break on fuel costs Monday as the nonprofit People Powered Maine offered discounted diesel at the Jonesport-Beals Co-op. Fishermen received a $250 discount on diesel purchases, bringing their total cost to about what they were paying before the conflict in Iran began, according to organizers.

Maine · 21d

Bangor Daily News

partner publisher · 28.3K followers

Spinnaker Trust celebrates 25 years of growth and community impact

Independent Maine firm marks milestone with more than $3.2 billion in assets under management and more than $500,000 contributed to the community over the past decade PORTLAND —- Spinnaker Trust is celebrating its 25th anniversary, marking a quarter-century of growth from a six-person boutique firm to a team of more than 40 serving individuals, families, […]

Portland, ME · 20d

penbaypilot.com

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Maine CareerCenters to host virtual hiring event, Oct. 30

Maine employers looking to hire and job seekers looking for work can connect at the Maine CareerCenters' Spooktacular Virtual Hiring Event on Friday, Oct. 30, from 11 a.m. to 2 p.m. The free, interactive online event gives employers an opportunity to showcase their businesses, promote job openings and connect directly...

Maine · 20d

WABI

publisher · 16.9K followers

Social Security COLA increase to affect 388,000 Mainers in 2027

Maine · 21d

Bangor Daily News

partner publisher · 28.3K followers

Maine’s forest acres are an essential dual economic engine

WRITTEN BY WANDA CURTIS According to the Maine Forest Service (MFS), the state of Maine boasts the highest percentage of forested land of any state in the nation. Approximately 17.5 million acres of forest land cover upwards of 89 percent of the land area. Director of the Center for Research on Sustainable Forests Aaron Weiskittel […]

Maine · 21d

wabi.tv

website

Maine defense manufacturer hosts screening of SBA pitch competition special

BANGOR, Maine (WABI) - Maine-based defense manufacturer Compotech hosted an advanced screening of the upcoming Prime Video special, the SBA’s Million Dollar Pitch Competition. The screening took place at Bangor Mall Cinemas. Hosted by Dean Cain and judged by Nicki Minaj, Grant Cardone and Airbnb co-founder Joe Gebbia, the...

Bangor, ME · 21d