UMaine mentioned in Mainebiz article on Old Town business development

The University of Maine was mentioned in a Mainebiz article about new federal legislation that removes deed restrictions on land at the Old Town Airport, allowing it to be used for business development. The bill to help spur economic growth and job creation in Old Town was signed into law by President Donald Trump, according to the article. The city has invested more than $1 million in infrastructure improvements to help bring job creators to the site, and businesses have already expressed interest, the article states. For overall economic growth, the city has identified six targeted industry sectors that, through existing industry-academia collaborations spurred by UMaine, are expected to present the greatest opportunities for future growth: forest bioproducts, advanced materials and composites, sensors and nanotechnologies, new media and IT, food sciences and human nutrition, and data centers and super-computing, Mainebiz reported.