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Fact Book: Doing Business in Maine — 2017

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V O L . X X I I I N O. X V I 4 FA C T BO O K / D O I N G B U S I N E S S I N M A I N E Q UA L I T Y O F L I F E I n Maine, we hear a lot about the legacy indus- tries — the paper mills and forest products, lob- ster fi shing, wild blueberries. ose are all key industries in Maine, make no mistake. But Maine has other industries that have taken root and are growing. Everyone talks about the hospitality industry being an important industry going forward, and it is also important. But the industries you don't hear as much about coming from here are shipping, manufacturing, biotech, craft brewing, real estate development and cannabis. Maine has three deep-water ports, airports of all sizes, train lines, abundant land and resources and a willing workforce — all combined with the things you more commonly hear about, including moun- tains, rivers, bays, beautiful scenery and history- fi lled towns and cities. Leaf through the pages of the Fact Book and you'll see an account of how Barclaycard built its site in Wilton, where it has 360 employees and is growing. Another story talks about a veterinary fi rm that has grown to 500 employees just since 2010. ere's a look at Brunswick Landing, which has reinvented itself from a Navy air base to a cluster for aviation, composites and technology companies. You'll also fi nd data on meeting sites, the workforce and resources to help you get started here. Also in these pages, we asked two elected offi cials to talk about economic development and what's needed in Maine. In the state Senate, Republican Andre Cushing III, who represents District 10, argues that we need to "rethink and reset our goals, building on the assets that we have." Cushing cites Maine's "vast coastline and ports, our geographic proximity to Europe, the Canadian provinces and major population centers of the Northeast. Our natural resources and historic agricultural off erings and the legendary industrious nature of Maine people." Mainers have a demonstrated sense of ingenuity. Martin Grohman, a Democrat who represents District 12 in the Maine House of Representatives, cites "generations of Maine authenticity, steadfast- ness and ingenuity." I'd also refer to Adm. Robert Peary, who led the expedition to fi nd the geographic North Pole in 1909, was raised in Portland, graduated from Bowdoin College and lived out his days on Eagle Island in Casco Bay, about 45 minutes by boat from Portland. His island home is now a state museum. Around the site you'll fi nd a Latin saying, "inveniam viam aut facium" (also attributed to Hannibal). Translation: Find a way or make one. at pretty much sums up business in Maine right now. e time is right to make your way here. P V A , Mainebiz editor, can be reached at @ . and @ME Maine's expansion starts now Legacy industries, yes, but Maine is poised for change B y P e t e r V a n A l l e n Maine fact sheet Demographics Population 2015: 1.3 million State Capital: Augusta Largest City: Portland Land Area: 33,215 square miles/86,027 sq. km Length of coastline: 3,500 miles/ 5,633 km Lakes and ponds: 6,000 Forest: 17 million acres/6.9 million hec (90% forest) Location: Northeast USA, bordering Canadian provinces of New Brunswick and Quebec Same-day access to: Boston, New York, Montreal Economy GDP 2016: $59.3 billion Per capita income GDP 2016: $28,052 Annual Real GDP Growth 2016: 1.1% State budget, 2018–19: $7.1 billion Exports Maine 2016: $2.875 billion Imports via Maine 2016: $3.35 billion Transportation Interstate highways: 2 Deep-water ports: 3 International airports – scheduled service: 2 Airports with customs service: 10 Rail: 1,400 miles/2,253 km International rail facility: 1 Foreign Trade Zones: 5 Key Sectors Aerospace & Advanced Materials Environmental Technology Food, Beverage & Agricultural Products Hospitality & Tourism Information Technology Life Sciences Marine Construction & Technology Pulp, Paper & Wood Products Renewable Energy S O U R C E : Invest in Maine, U.S. Census, Maine.gov P H O T O / T I M G R E E N WAY P H O T O / T I M G R E E N WAY P H O T O / C O U R T E S Y M D I B I O L O G I C A L L A BO R AT O R Y At Bristol Seafood in Portland, workers fi llet Pacifi c cod. MDI Biological Laboratory in Bar Harbor is a leading life science research center. Marijuana grows in the nursery at Wellness Connection of Maine in Auburn. Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium Inveniam viam aut facium (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one) (Find a way or make one)

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