Learn more about relocating or expanding to MaineMaine business climate, manufacturer incentives, and advantages of ME communities |
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Maine Business Data*  Population: 1,318,301 Total Labor Force: 706,400 Unemployment Rate: 6.9% Number of Manufacturers: 2,171 Manufacturing Jobs: 64,402
Right to Work: No
Unemp. Ins. Tax: .86–7.95%
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Corporate Income Tax:
Graduated: 3.5% for $0-$25,000; 7.93% for $25,000-$75,000; 8.33% for $75,000-$250,000; 8.93% on $250,000 and above. Sales Tax:
5% Property Tax:
Varies by county and municipality. Both real and
personal properties are taxed. Leading Manufacturing Industries:
(by % of total manufacturing employment) 15% Transportation equipment 11% Paper and allied products 10% Food and kindred products 10% Lumber and wood products 8% Printing and publishing Largest Manufacturing Establishments:
(by number of employees) Bath Iron Works (Bath) - 5,000
IDEXX Laboratories, Inc. (Westbrook) - 1,800 Pratt & Whitney (North Berwick) - 1,350 Verso Paper Corp. (Jay) - 917 NewPage Corp. (Rumford) - 900 |
Counties with the Most Manufacturing Jobs:
Cumberland - 19,127 York - 8,657 Androscoggin - 7,512 Penobscot - 6,464 Sagadahoc - 5,600 Cities with the Most Manufacturing Jobs:
Portland - 6,327 Bath - 5,129 Westbrook - 3,704 Auburn - 3,349 South Portland - 2,749 Manufacturing Related Business Incentives:
• Business Equipment Tax Reimbursement
• Tax Increment Financing (TIF) • Employment Tax Increment Financing • Pine Tree Development Zones • Technology Tax Credits • Community Development Block Grant Program (CDBG) • Maine Technology Institute (MIT) Funding • Small Enterprise Growth Fund • State Small Business Credit Initiatives • Economic Recovery Loan Program • Regional Economic Development Revolving Loan Fund • Agricultural Marketing Loan Fund • Maine Seed Capital Tax Credit Program • Maine Economic Development Venture Capital Revolving Investment Program • Major Business Expansion Bond Program • Revenue Obligations Securities Program • Secondary Market Taxable Bond Program; Secondary Market Tax-Exempt Bond Program • Business Equipment Tax Exemption Program (BETE) |
Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:
Eastern Maine Development Corporation
EMDC provides a rich array of programs administered by dedicated professionals. From start-up loans to development of international market opportunities, it fully explores every opportunity for businesses to grow, prosper and succeed.
40 Harlow Street, Bangor, ME 04401 (Map & Aerial View)
(207) 942-6389
www.emdc.org
Augusta Community Development
Its development staff is ready to help business owners start, expand or relocate in Maine's Capital City. It provides site search assistance, financing assistance, workforce training, and project development, and information such as demographics and market data.
16 Cony Street, Augusta, ME 04330 (Map & Aerial View)
(207) 626-2365
www.augustamaine.gov
City of Portland Economic Development Division
The EDD is focused on cultivating a healthy and vibrant economic climate in the City of Portland. We strive to maintain and grow a diversified tax base that supports strong employment opportunities, while positioning Portland to compete in the global marketplace.
389 Congress Street, Room 308, Portland, ME 04101 (Map & Aerial View)
(207) 874-8683
www.portlandmaine.gov
Southern Maine Regional Planning Commission
Founded in 1964, in response to an identified need for a coordinated effort for economic development and resource management, SMRPC has been conducting economic development, environmental, land use and transportation planning and providing technical assistance to the municipalities in the region for over 40 years.
21 Bradeen St., Suite 304, Springvale, ME 04083 (Map & Aerial View)
(207) 324-2952
www.smrpc.org
Maine Industrial News:
Industrial Directory Reports Maine Manufacturing Job Losses Slow (2/25/2013)
Maine Manufacturing Jobs Decrease 1.8% Over Past Year (2/15/2012)
Maine Industrial Jobs Remain Steady Over Year According To Industrial Directory (1/28/2011)
Maine Industrial Jobs Have Declined 7.7% Since Start Of Recession (1/19/2010)
Maine Manufacturing Jobs Fell 1.5% In 2008 According To State Industrial Directory (1/23/2009)
State Idustrial Directory Reports Maine Manufacturing Jobs Down 2.6%; Plants Down 1% (2/1/2008)
Industrial Guide's 12-Month Report Shows Maine Manufacturing Jobs Down 287; Factories Down 39 (1/19/2007)
Industrial Directory Reports Maine Manufacturing Job Losses Slow (2/25/2013)
Maine Manufacturing Jobs Decrease 1.8% Over Past Year (2/15/2012)
Maine Industrial Jobs Remain Steady Over Year According To Industrial Directory (1/28/2011)
Maine Industrial Jobs Have Declined 7.7% Since Start Of Recession (1/19/2010)
Maine Manufacturing Jobs Fell 1.5% In 2008 According To State Industrial Directory (1/23/2009)
State Idustrial Directory Reports Maine Manufacturing Jobs Down 2.6%; Plants Down 1% (2/1/2008)
Industrial Guide's 12-Month Report Shows Maine Manufacturing Jobs Down 287; Factories Down 39 (1/19/2007)
Looking to reach Maine manufacturers? Access the Maine Manufacturers Database compiled by MNI.
*Manufacturing stats updated on 5/17/2013. All other stats updated on 5/17/2013. Listings updated on 5/24/2013.
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