Economic Development

Media report on new economic impact study of Maine’s logging industry

Mainebiz, WABI (Channel 5) and WVII (Channel 7) reported on a new study released by the Professional Logging Contractors of Maine that shows Maine’s logging industry contributed an estimated $882 million to the state’s economy in 2014. The study, conducted with the University of Maine and Farm Credit East, revealed logging supported more than 7,300 […]

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New study shows impact of out-of-state students on the Maine economy

A new study about the University of Maine’s out-of-state undergraduate students found that their activities generate a statewide annual economic impact of an estimated $160 million, according to UMaine Professor of Economics Todd Gabe. In addition to the annual economic contribution — including multiplier effects — in spending, Gabe found UMaine’s out-of-state undergraduate students fill […]

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Aquaculture firm working with UMaine awarded federal grant, AP reports

The Associated Press reported an Augusta firm that manufactures aquaculture pens will receive about $100,000 from the federal government. The U.S. Department of Agriculture is giving InnovaSea Systems a Small Business Innovation Research grant to research whether its pens can be made using a strong and stiff composite lumber, as opposed to high-density polyethylene plastic, […]

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Maine Engineering Workforce Summit to be held Sept. 29 in Lewiston

A Maine Engineering Workforce Summit focused on addressing the shortage of engineers necessary to meet the needs of the state will be held Sept. 29 in Lewiston, organized by the University of Maine and a coalition of 13 business, economic development and education groups. Maine’s leading experts on the economy, employment, education and engineering will […]

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AP interviews Bayer about lobster bait alternative

The Associated Press spoke with Bob Bayer, executive director of the University of Maine’s Lobster Institute, for the article, “Goodbye, herring? Biotech gives lobstermen alternative.” Lobster and crab fishermen have baited traps with dead herring for generations, but an effort to find a synthetic substitute for forage fish is nearing fruition, according to the report. […]

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WAGM covers farm field day at Aroostook Research Farm

WAGM (Channel 8 in Presque Isle) reported on a farm field day hosted by the University of Maine Cooperative Extension at UMaine’s Aroostook Research Farm in Presque Isle. Field day topics included grain trials, potato breeding and the variety trial program, and crop rotation for control of pink rot potato disease. Lakesh Sharma, a UMaine […]

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Process Development Center, Bilodeau featured in Mainebiz article on R&D

The University of Maine’s Process Development Center and its recent partnership with Twin Rivers Paper Co. was the focus of a Mainebiz cover story. The specialty paper company, which announced in June it will invest $12 million to upgrade its Madawaska paper mill, is moving its research and development operations from Montreal to Orono, according […]

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Mainebiz reports on aquaculture site selection research

Mainebiz reported on research being conducted at the University of Maine Darling Marine Center in Walpole that seeks to take the risk out of selecting aquaculture sites by using buoys, sensors and other instrumentation to monitor water conditions for optimal growth of particular species. “The aquaculture industry in Maine in the last five to 10 […]

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BDN interviews Rubin for article on biofuel research

The Bangor Daily News spoke with Jonathan Rubin, an economics professor at the University of Maine, for an article about biofuel research in the state. Efforts to develop a wood-based biofuel, particularly jet fuel, from Maine’s abundant timberland got a boost last month when the U.S. Department of Defense announced a $3.3 million investment into […]

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