Number of Maine specialty food and beverage businesses keeps rising

20 January 2020

Excerpt, courtesy of Press Herald:

At a time when the total number of Maine businesses is declining, one segment of the economy is rising like a well-proofed loaf of bread – specialty food and beverage businesses.

The number of food and beverage manufacturing companies in Maine grew 35 percent from 2007 to 2017, according to federal census data gathered by James C. McConnon Jr., a Cooperative Extension business and economics specialist and economics professor at the University of Maine. Over that same 10-year period, the number of all Maine businesses, of all kinds, dropped 2 percent, he said.

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