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Announcements: 2008
8/15/2008
Augusta, ME - Catherine Renault, Ph.D., the director of the Department of Economic and Community Development's (DECD) Office of Innovation (OOI) and science advisor to the Governor was recently appointed to the board of trustees for the State Science and Technology Institute (SSTI). SSTI is a national nonprofit trade organization that leads, supports and strengt...
7/30/2008
Brunswick, ME - Today, the State Department of Economic and Community Development (DECD) awarded $1,470,000 to eight Maine communities through Municipal Investment Trust Fund (MITF) grants: Bath, Biddeford, Brunswick, Bucksport, Dover-Foxcroft, Greenville, Scarborough, and Rockland are the recipients. The announcement was made by DECD Commissioner John Richardson...
7/29/2008
Biddeford, ME - Today, at the site of the Riverdam Mill in Biddeford, Commissioner John Richardson of the Department of Economic and Community Development (DECD) proudly announced the $350,000 Municipal Investment Trust Fund (MITF) grant awarded to the City of Biddeford to facilitate the redevelopment of the Riverdam Mill.
"I'm pleased to be here in Biddeford...
7/23/2008
Greenville Junction, ME - Today, at the Greenville Junction Wharf, Commissioner John Richardson of the Department of Economic and Community Development (DECD) proudly announced the $350,000 Municipal Investment Trust Fund (MITF) grant awarded to the Town of Greenville for the revitalization of the Junction Wharf, a major regional public boat launching site.
"I am please...
7/18/2008
South Paris, ME - State Department of Economic and Community Development Commissioner John Richardson joined representatives from Maine Machine Products Company today to celebrate the Pine Tree Zone Certification of the custom precision manufacturing facility in South Paris.
"Maine Machine is raising the bar for Maine businesses and is a great example to manufac...
7/18/2008
Scarborough, ME - The national magazine, Coastal Living, has opened the doors of its 2008 Idea Cottage in Scarborough, Maine for public tours. Located at Beachwalk at Pine Point in Scarborough, the three-story Idea Cottage is an opportunity to celebrate the best in Maine coastal home innovation, décor, and construction. Scarborough was hand-selected by the magazine...
7/1/2008
Franklin County, ME - The state Department of Economic and Community Development (DECD) is pleased to announce the recent approval of tax increment financing (TIF) for TransCanada Corporation's Kibby Wind Power Project on the Kibby Mountain and range in northern Franklin County. It is the second TIF ever approved for an unorganized territory in Maine. The facility will...
6/19/2008
Gorham, ME - On Wednesday, June 18, John Richardson, commissioner of the Department of Economic and Community Development (DECD) was pleased to announce the Pine Tree Zone certification of GPX International Tire Corporation in Gorham.
The Malden, MA-based manufacturing company is consolidating operations by closing its plant in Mississauga, Ontario, Canada...
6/11/2008
Van Buren, ME - Today, John Richardson, commissioner of the Maine Department of Economic and Community Development (DECD) met with local officials of Van Buren to announce the $10,000 planning grant for wastewater treatment study from the Office of Community Development.
"This grant is very timely given the challenges the region has faced this spring," said Ric...
6/6/2008
Biddeford, ME - Today, at the Maine Downtown Center's 8th Annual Conference, Commissioner John Richardson of the Department of Economic and Community Development (DECD) proudly announced the Office of Community Development's two year, $150,000 grant commitment to the Maine Development Foundation's Maine Downtown Center program, which will provide additional funds...
6/4/2008
Augusta, ME - Today, John Richardson, commissioner of the Department of Economic and Community Development (DECD) was pleased to announce that Priest & Priest, in addition to Kenway and Maritime Marine, is now certified as a Pine Tree Development Zone. The certification will allow for the construction of a 20,000-foot expansion at their facility. Kenway received...
5/20/2008
Portland, ME - Thursday, May 22 marks the 28th Anniversary of the Maine International Trade Day held at the Holiday Inn By The Bay in Portland, Maine. Attendees will join Governor Baldacci and the Maine International Trade Center (MITC) in celebrating this year's Trade and Investment Award winners.
"Trade Day is a great opportunity for internationally minded...
5/15/2008
Fryeburg, ME - The Maine Department of Economic and Community Development (DECD) along with the Department of Agriculture, and other state and local officials gathered on Wednesday to honor Cold River Vodka for the company's recent awards at Green Thumb Farms. Cold River Vodka is produced by Maine Distilleries, Inc. at their distillery in Freeport using potatoes...
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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