Maine

Overview

Maine has had a long history as part of the United States, as the first naval action of the Revolutionary War happened off the coast of Maine in 1775. Though under Massachusetts rule in the early days of the US, in 1820 Maine officially became the 23rd state in the nation. Maine has several nearly unique exports. It produces 98% of the nation’s low-bush blueberries, is the leading producer of pulp-paper, exports the most flat-tin sardines, and has a staggering lobster and clam market. It is also known as a center of shipbuilding on the East Coast. Maine is a popular vacation site due to its scenic seacoast, beaches, lakes, and forested mountains. Maine is a good place for business owners looking to make a quick start with their company.

Industry Stats

• Maine has more fishing and hunting workers than firefighters.

• The state has a 38,192 people working in hospitals. That’s 6.4% of the workforce.

• There were only 9,691 weddings in Maine in 2015, but over $270 million was spent.

• Maine only has 2,667 police officers for its 1.33 million people. That’s almost 500 people to every police officer.

• The state has more people working in ship and boat building than car dealerships, and more people working in paper mills than traveler accommodations.

• Couples spent an average of $3,784 on engagement rings in 2015.

Maine is a good place for small business owners due to its available capital in local banks, supportive communities, and simple regulations. Maine also has a favorable, “buy local” culture for small business that will ensure you can get your feet off the ground.

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