About Maine

Industry

A description of Maine’s economy centers around two themes; diversification and transition.  Once highly concentrated in natural resource-based businesses, Maine now supports an increasingly broad economic base, with emerging industry clusters in a diverse range of sectors, including: 

Biotechnology, Life Sciences & Medical Products: Binax, Cambrex Bio Science, Corning, EnviroLogix, IDEXX Laboratories, ImmuCell, Maine Biological Labs, Maine Biotechnology Services, Maine Medical Research Institute, NorDx, Northeast Laboratory Services, Jackson Laboratory and ViroStat

Electronic Equipment:  AVX Corp., Edward Systems Technology, Enercon, First Technology and Sanmina-SCI

Call Centers & Direct Marketing Response Firms:  ICT Group, LiveBridge, MediaPower, Microdyne Outsourcing, PowerTel Marketing, and Sitel

Financial Services & Insurance:  Aetna, Anthem, Banknorth, CitiStreet, CORE Inc., Liberty Mutual, Lincoln Financial, MBNA, Putnam Investments, J&W Seligman, Standard Insurance, UnumProvident and Wright Express

Industrial Equipment:  Bath Iron Works, Brewer Automotive, GE Industrial Systems, GE Power Systems, General Dynamics, Lemforder, Parker Hannifin Portsmouth Naval Shipyard and Pratt & Whitney

Plastics & Molded Fiber: Gates Formed Fibre, Interface Fabrics, Huhtamaki, Hussey Seating and Pioneer Plastics

Precision Tool Manufacturing:  D&G Machine Products, Dearborn Precision, Kennebec Tool & Die, Maine Machine Products, Mid-State Machine, Portland Valve, Precision Manufacturing Solutions and Rich Tool & Die

Semiconductors:  Fairchild Semiconductor, National Semiconductor and Tundra Semiconductor

Software Development:  Allenbrook, ATX, DeLorme, Inovant (VISA), MUNIS and Taxware

Wireless Communication Devices (RF Technology):  Andrew Passive Power, ComNav Engineering, Dielectric, Gabriel Electronics, Howell Laboratories, Mega Industries, Nautel and RF Technologies

While Maine’s overall economy has diversified, some of the state’s traditional natural resource-based industries have reinvented themselves and, in the process, have earned Maine a reputation as an international leader in the fields of:

Aquaculture & Marine Science:  Atlantic Salmon of Maine, Bigelow Laboratory for Ocean Sciences, FMC Biopolymer, MariCal, Mount Desert Island Biological Laboratory

Boat Building:  Atlantic Boat Co., Hodgdon Yachts, Morris Yachts, Sabre Corp, and The Hinckley Co.

Paper Products:  Verso Papers, Newpage, SAPPI Fine Paper, Nexfor/Fraser, Madison Paper Industries, Lincoln Pulp & Paper, and Wausau Paper

Sawmills:  Fraser, Pleasant River Lumber, Maine Woodos Corporation, Hancock Lumber, Robbins Lumber

Wood Products:  Burlington Homes, Correct Deck, Hardwood Products Co., JSI Store Fixtures, Maine Cottage Furniture, Moosehead Manufacturing, Oxford Homes, Pride Manufacturing, Saunders Bros., Thos. Moser Cabinetmakers, and Wood Structures Inc.