Economic Development

UMaine Composites Center spinoff company featured in BDN

Brewer engineering business Compotech Inc. was the focus of the Bangor Daily News feature, “Where the Bangor region’s future job growth will probably come from.” The article argues economic development in the Bangor area is likely to look like Compotech Inc., a business with 10 employees that got its start at the University of Maine. […]

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AMC touted in Assembly Magazine’s article about L.L. Bean tote bags

The University of Maine Advanced Manufacturing Center was included in an Assembly Magazine article about L.L. Bean’s tote bag production. L.L. Bean officials interested in developing automation to increase bag production, improve product quality and lessen physical demands on employees met with representatives of the AMC and Lanco Integrated. Lanco designed and manufactured a machine […]

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WABI reports on Gabe’s latest Waterfront Concerts economic impact study

WABI (Channel 5) reported people are traveling 100 miles or more to the Bangor area to attend shows and performances, according to a new study conducted by University of Maine economics professor Todd Gabe. Waterfront Concerts partnered with UMaine to track economic growth from the 2010 through 2016 concert seasons, WABI reported. More than $105 […]

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CBC News mentions UMaine taste test in article on invasive green crabs

A taste test conducted at the University of Maine was mentioned in a CBC News report about how food scientists are exploring ways to turn the European green crab into a lucrative commercial industry. The invasive species can quickly devastate marine plants that provide food and habitat to other creatures, and also devour sea critters […]

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WVII reports on honey, maple syrup production study

WVII (Channel 7) reported the University of Maine is working with the College of the Atlantic in Bar Harbor on a project that aims to help honey and maple producers in the state. The three-year study, which was awarded  $498,462 from the USDA, aims to increase knowledge of the production and marketing challenges and opportunities […]

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UMaine awarded grant for Atlantic salmon farming research, Mainebiz reports

Mainebiz reported the University of Maine is one of six companies to receive a Maine Technology Institute TechStart grant. The salmon louse is a common parasite affecting the Atlantic salmon farming industry that causes global economic losses in excess of $750 million a year, according to the article. The $4,500 TechStart grant, which will be […]

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Marine biology, aquaculture major speaks with Mainebiz about STEM jobs

Isaiah Mansour, a double major in marine biology and aquaculture at the University of Maine, spoke with Mainebiz for an “Inside the Notebook” column titled “Where will Maine’s STEM students go to work?” The author recently talked with Kevin Strange, president of the MDI Biological Laboratory in Bar Harbor, about entrepreneurship and STEM education in […]

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Sen. King mentions UMaine in Mainebiz interview focused on energy, economy

U.S. Sen. Angus King mentioned the University of Maine during an interview with Mainebiz that focused on energy. King also shared his thoughts on strengthening the state’s economy by expanding broadband in rural areas and finding new uses for forest products. In response to a question about the shutdown of many paper mills, King said […]

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