News
New video promotes the state’s thriving Life Science industry
The Bioscience Association of Maine’s (BioME) “Why Maine?” project focuses on promoting Maine as a location for life sciences. It clearly conveys why the state is an enriching community to
U.S. drops tax on Canada’s aluminum, heading off retaliation
The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours before Canada was prepared to impose retaliatory sanctions. The
European Union drops tariffs on U.S. lobster
The United States lobster industry landed a much-needed trade victory on Friday, but not the one anyone was expecting. The U.S. and the European Union announced a trade deal that
Future of Maine’s forest industry possibly lies in Finland
Endless trees. Paper and pulp. If you compare a photo of Maine and Finland, only a few could tell the difference at first look. Both have a history of harvesting
Forest economies in focus at MITC virtual mission to Finland
Less than a year after Gov. Janet Mills and Finland’s prime minister at the time agreed to strengthen their respective forest economies, a virtual trade and study mission that kicks off
Initial numbers on COVID-19 and its impact on Maine exports
The Maine International Trade Center released initial data through April about the impact the pandemic has had on Maine industries. As COVID-19 spread across the world, industries came to a
Manufacturing growing again as need for ‘new space’ technology expands
Aerospace and transportation produce more than any other manufacturing sector in Maine, with nearly $1 billion worth of goods. The industry has grown as manufacturing as a whole has rebounded
For Wade Merritt, heading the Maine International Trade Center is no foreign task
Wade Merritt is president of the Maine International Trade Center and the state’s director of international trade. The Bangor native sat down with Mainebiz at MITC’s Portland Fish Pier headquarters
Lobster on the line: China loves Maine lobster, but Trump’s trade war means Canada is filling the demand
A gold and pink glow creeps over the horizon as Mandy Perry sets sail on her 43-foot boat. In the hours ahead, she and her two-man crew will tend to