The craft and home decor store, with more than 850 stores in the U.S., will employ between 35 and 50 people, according to the company.
economic development
Couple to open restaurant, bar, deli, market in downtown Waterville
The Portland Hunt & Alpine Club owners Andrew and Briana Volk are aiming to open Verna’s All Day at the end of the year in the Colby College-owned Bill & Joan Alfond Main Street Commons at 150 Main St. in downtown Waterville.
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex’s payment processing position in the global travel industry.
Mills to point out her priorities in State of the State adress Jan. 21
Maine’s governor will highlight the achievements of her administration in 2019 and is expected to talk about the challenges facing the state and goals for 2020.
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
Maine’s economic development chief says state has ambitious goals
It aims to increase the average annual wage and the value of products sold per worker by 10%, and recruit 75,000 people to the workforce.
Commentary: Opioid deaths follow plant closures
Researchers have documented how closely major economic disruption is linked with substance use.
Health care, corrections, broadband at top of state legislative agenda
The Legislature will return with a long list of work before including another attempt to pass a package of borrowing bills aimed at building infrastructure and boosting the economy.
Our View: Maine communities will need state’s help to move ahead on broadband
Those with inadequate access to high-speed internet should get funding for infrastructure improvements.
Our View: Invest in people and build Maine’s economy
The state’s new economic development plan rightly focuses on building the workforce.