Business & Development

A long‑vacant storefront in the Machias downtown, the former Nash building, is on the path to becoming the Machias Valley Center for Entrepreneurship.

The Passamaquoddy Wild Blueberry Company (PWBC) has been awarded over $1.76 million in a lawsuit against Cherryfield Foods Inc. and its parent company, Oxford Frozen Foods Ltd., following a jury trial by the Maine Business and Consumer Court in Portland.

“There's gold in them thar hills!” So local prospectors and a Toronto-based company that have found a significant gold deposit outside of St. Stephen are saying.

The second enterprise planning to grow medical cannabis in St. Stephen hopes to begin production this year -- in a building that also will be used to grow tilapia fish by means of aquaponics. "By June we'll be ready to cultivate," Stewart Farms principal Tanner Stewart

Kelly Cove Salmon, a subsidiary of Cooke Aquaculture Inc., is in the early planning stages to build a $30 million recirculating aquaculture system (RAS) in the Champlain Industrial Park located at Bayside, near St. Andrews.

Machias residents were scheduled to decide on February 7 whether to approve a new economic tool that would generate revenue for the town by offering tax credits to businesses making new investments.