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Announcements: 2008
5/8/2008
Augusta, ME - Governor John E. Baldacci today visited Aroostook County for the third time since the area was hit by severe flooding last week and announced the availability of State assistance programs to help with recovery.
Governor Baldacci also met with New Brunswick Premier Shawn Graham, and both leaders toured impacted areas in Fort Kent and in Clair, Ne...

4/21/2008
Portland, ME - The Small Business Administration (SBA) has named John and Brendan Ready National Young Entrepreneurs of the Year. Representatives from the SBA invited the Cape Elizabeth natives to the award ceremony in Washington D.C. April 21, where they will be nationally recognized for the entrepreneurial nature of creating their two business ventures, Ready S...

4/18/2008
Augusta, ME - At the conclusion of a record-setting ski season in Maine, both in terms of snowfall and skier visits, Commissioner John Richardson of the Maine Department of Economic and Community Development (DECD) today saluted Boyne Resorts for the $29 million worth of investments they have announced at both Sunday River and Sugarloaf since buying the Maine re...

4/17/2008
Pittsfield, ME - Today, Global Contact Services (GCS), headquartered in North Carolina, held a ribbon-cutting ceremony in Pittsfield officially marking the successful opening of the new call center. The Pittsfield facility is one of 12 U.S. based centers calling for a particular insurance campaign and is ranked 2nd best after its March 3 opening.
"I'm proud of...

4/7/2008
Richmond, ME - Today, Commissioner John Richardson of the Maine Department of Economic and Community Development (DECD) presented Thomas Fortier, Town Manager, with a $500,000 Community Development Block Grant (CDBG) award for improvements to Richmond's downtown district.
Richmond was the only town in Maine to receive the competitive Downtown Revitalization g...

4/3/2008
Washington County, Maine - Commissioner John Richardson of the Maine Department of Economic and Community Development (DECD) is pleased to announce the recent distribution of Community Development Block Grant (CDBG) funding to Eastport, Harrington and Milbridge; three communities in Washington County.
"CDBG funding is a key component to DECD's efforts to support Maine tow...

3/17/2008
Portland, ME - The Maine Department of Economic and Community Development (DECD), on behalf of its Maine Products Marketing Program (MPMP), was the primary sponsor of the 24th annual New England Products Trade Show (NEPTS), where several Maine-made products were recently honored with awards.
MPMP provided trade show scholarships to 20-first year exhibitors whi...

3/17/2008
Portland, ME - A new brand strategy has been launched to create global awareness and drive sales growth for Maine's $650 million boat building, marine trades, and composite industry. The industry-led effort is made possible through a $15 million federal grant funded through Maine's North Star Alliance Initiative (NSAI) with $2 million devoted to market developmen...

3/14/2008
Waterville, ME - Governor John E. Baldacci presented the 2008 Governor's Award for Business Excellence today to the F.A. Peabody Company, Hannaford Bros. Co., Rubb Building Systems, Parker Lumber Company and Planet Dog at the 57th Annual Colby Institute for Leadership luncheon at Colby College. The award, administered by the Maine Department of Economic and Communi...

3/10/2008
Portland, ME - Today, in Portland, John Richardson, commissioner of the Department of Economic and Community Development (DECD) attended the groundbreaking of a windmill at family-owned Applicators Sales & Service, a wholesale building product company that was awarded Pine Tree Zone certification.
"By installing this windmill, Applicators is taking the lead by...

1/29/2008
Augusta, ME - Today, the Department of Economic and Community Development (DECD) announced that six manufacturing companies based in Southern Maine have recently received Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the...

1/29/2008
Augusta, Maine - The Office of Innovation of the Maine Department of Economic and Community Development (DECD) today released the findings of the 2007 Comprehensive Research and Development (R&D) Evaluation that show that Maine is making steady progress in growing the state’s R&D capacity with positive economic impact particularly in the private sector.
“R&D is...

1/29/2008
Augusta, ME - Today, the Department of Economic and Community Development (DECD) announced that Lohmann Animal Health International in Winslow recently received a Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the economy...

1/29/2008
Augusta, ME - Today, the Department of Economic and Community Development (DECD) announced that five companies based in Lewiston-Auburn have recently received Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the economy and...

1/29/2008
Today, the Department of Economic and Community Development (DECD) announced that Atlantis Maritime in Rockport recently received a Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the economy and create qualit...

1/29/2008
Augusta, ME - Today, the Department of Economic and Community Development (DECD) announced that two companies based in Downeast Maine have recently received Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the economy and cr...

1/28/2008
Augusta, ME - Today, the Department of Economic and Community Development (DECD) announced that the start-up company, Ntension Corporation of Hermon, recently received a Pine Tree Development Zone certification. The Pine Tree Zone program is a performance-based tax incentive initiative to stimulate growth in targeted business sectors in order to strengthen the e...

1/21/2008
AUGUSTA, Maine - Increasing economic opportunity for the people of Maine is Governor John Baldacci's top priority. Economic growth occurs through business retention, business expansion, business creation and business attraction. To achieve each, Governor Baldacci said, Maine's economic strategy must embrace four fundamental economic drivers: (1) the creation of a f...

1/18/2008
Augusta, ME - The Department of Economic and Community Development (DECD) today announced that the Maine Technology Institute (MTI) board of directors has approved a competitive application process for allocating funds from the $50 million research and development (R&D) bond that was passed by the voters in November.
The monies from the bond are held in a ne...

1/11/2008
East Boothbay, Maine - Today's launch of the Mark V.1 prototype, a new naval patrol craft built by Hodgdon Yachts, positions Maine's boat building and composites industries well for the future, according to the Department of Economic and Community Development (DECD). The launch is the most recent achievement of the partnership between Hodgdon Yachts, Maine Marine Manufac...

1/8/2008
South Casco, ME - Members of the boat building community and officials from the state all participated in a celebration at Sabre Yachts as the company was presented with two national Boat of the Year awards on Monday, January 7. Sabre was recognized by Sailing World magazine and Cruising World magazine for the Sabre Spirit. The Sabre Spirit is a sailing yacht crafte...

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