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Category: Success Stories

U.S. Sens. Collins, King announce federal investment for EMDC

Posted on April 6, 2021

WASHINGTON, D.C. – U.S. Sens. Susan Collins, R-Maine and Angus King, I-Maine announced that the Economic Development Administration is investing $280,000 to support existing small businesses, attract new ones, and...

TIF could be part of Moosehead Lake ski resort project

Posted on March 24, 2021

DOVER-FOXCROFT — Development of a ski resort with year-round attractions on 1,700 acres overlooking Moosehead Lake in the unorganized territory outside of Greenville could include tax increment financing, in which...

GO Lab gets $85M in bond financing from FAME

Posted on March 19, 2021

GO Lab Inc., the startup planning to manufacture wood fiber insulation products in the former Madison paper plant, will receive $85 million in bonds the company sought through the Finance...

EMDC Joins Maine Compact on Immigration

Posted on February 23, 2021

Maine Business and Higher Education Leaders Announce New Compact on Immigration Eighty-two chambers of commerce, trade associations, businesses and institutions of higher education unite around the need for sensible immigration...

Riding the Wave of the Pandemic

Posted on January 29, 2021

As the New Year unfolds, many are wondering what the future holds for Maine’s business community. President/CEO of Eastern Maine Development Corporation lee Umphrey said the general health of Maine’s...

Part Two: Life in Recovery

Posted on January 29, 2021

BREWER, Maine (WABI) – Members of our community in recovery are working hard every single day to prove themselves in the wake of their past. Getting a job can be...

PART ONE: Life in recovery

Posted on January 28, 2021

BREWER, Maine (WABI) – Active addiction is a crisis in our communities. But, from countless stories of destruction are remarkable stories of redemption. Now, a new grant is helping workforce...

Puritan Medical Products gains national recognition

Posted on January 7, 2021

GUILFORD, Maine (WABI) – Puritan Medical Products – based in Guilford – has been named Inc. Magazine’s 2020 Company of the Year for their efforts during the pandemic. The company...

Norumbega Hall has new owner

Posted on December 30, 2020

BANGOR — An iconic local building — which had been on the market for 15 years — has finally been sold. Norumbega Hall, which was previously owned by Eastern Maine Development...

Downtown Bangor building sold to developer

Posted on December 29, 2020

BANGOR, Maine (WABI) -A large building in downtown Bangor has been purchased by a developer. Known as Norumbega Hall, the building at 40 Harlow Street houses the Zillman Art Museum,...

Prominent downtown Bangor building sold to local developer

Posted on December 29, 2020
Lee Umphrey (left) and Philip Henry, pictured on Dec. 22, the day Henry purchased 40 Harlow St. from Eastern Maine Development Corporation. Credit: Courtesy of EMDC

A Bangor property development company has purchased 40 Harlow St., a prominent downtown Bangor building better known as Norumbega Hall, from economic development nonprofit Eastern Maine Development Corporation. Canuck Investments,...

Business help available

Posted on December 22, 2020

  KATAHDIN REGION – Helping businesses navigate a global pandemic wasn’t what Katahdin Region Development Board (KRDB) Director Mike Elliot had in mind when he signed on to the job...

EMDC provides support in COVID-19 relief funding

Posted on December 16, 2020

BANGOR — The second phase of funding from the Maine Economic Recovery Grant program is now available and being distributed to businesses and nonprofits. In partnership with the Maine Development...

Connecting with Opportunities

Posted on November 17, 2020

Eastern Maine Development Corporation (www.boruiyun.cn) has substantial resources to help unemployed and many under-employed individuals make progress in life through education, training, or by moving directly into a good job—one...

EMDC delivers $19 million of COVID-19 recovery funds

Posted on November 13, 2020

BANGOR — During the past few weeks, Eastern Maine Development Corporation officials delivered  $19 million to more than 430 businesses and nonprofit groups in Hancock, Penobscot, Piscataquis and Waldo counties. It...

EMDC and opioid recovery initiative honored

Posted on November 13, 2020

BANGOR — Eastern Maine Development Corporation (EMDC) has received a 2020 Impact Award from the National Association of Development Organizations (NADO) for the state’s Connecting with Opportunities Initiative. EMDC partnered...

EMDC Welcomes Kim Smith as New Loan Officer

Posted on November 12, 2020

Eastern Maine Development Corp. has announced the addition of Kim Smith?as a loan officer. Smith, who has 17 years of experience in the field, most recently served as branch manager...

EMDC welcomes community planner

Posted on November 8, 2020

Anna Stockman, community planner, has joined Eastern Maine Development Corporation’s (EMDC) Community & Business Services Team. Stockman is a graduate of the University of New Hampshire, and has a bachelors...

New loan officer boosts EMDC’s COVID response

Posted on November 6, 2020

Eastern Maine Development Corporation’s (EMDC) lending program is getting a boost from a new loan officer with over 17 years of experience. EMDC is pleased to welcome Kim Smith, who...

Congratulations to the 2020 NADO Photo Contest Winners

Posted on October 13, 2020

Congratulations to the 2020 NADO Photo Contest winners and runners-up!  This year, nearly 120 images were submitted from members across the country that demonstrated what makes their regions great places to...

EMDC receives grant through COVID-19 relief package

Posted on September 3, 2020

BANGOR – Eastern Maine Development Corporation has been awarded $2.6 million in federal funding through a COVID-19 relief package as a Revolving Loan Fund. “It comes at a crucial time...

EMDC welcomes new hires

Posted on August 12, 2020

In their continued role of providing hands-on services to businesses, communities and people, Eastern Maine Development Corporation (EMDC) announces four new hires. Nicole Buckner joins team EMDC as a workforce...

East Millinocket Announces Purchase of Mill Site

Posted on July 22, 2020
East Millinocket Maine Town Office

The Town of East Millinocket has announced that it has successfully negotiated and purchased the former Great Northern Paper Company mill site from Katahdin KI 50, LLC (a subsidiary of...

East Millinocket purchases former GNP mill site

Posted on July 22, 2020
Three excavators continue to organize debris at the former Great Northern Paper Co. LLC mill site in East Millinocket on Tuesday. Credit: Nick Sambides Jr. | BDN

East Millinocket closed on a deal on Tuesday to purchase the former Great Northern Paper Co. LLC mill site, for generations the home of the town’s single largest employer, on...

$1.5M workforce development grant to aid five Maine counties

Posted on July 16, 2020

Eastern Maine Development Corp. of Bangor has been awarded $1.5 million to provide workforce development services for people and businesses in Androscoggin, Franklin, Kennebec, Oxford and Somerset counties.  The Central...

EMDC launches new opioid recovery program

Posted on June 8, 2020

Fox ABC Maine BANGOR – A new initiative is being developed to help people impacted by opioid use disorder. Eastern Maine Development Corporation (EMDC) of Bangor is launching an opioid...

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