Hunting Dearborn, Inc. Plans To Expands Fryeburg, Maine, Manufacturing Center
07/15/2014
The company, which currently employs about 250 associates, is considered an industry leader in deep hole drilling and machining of precision tubular components. To assist with its upcoming expansion, the firm was recently certified for a Maine Department of Economic and Community Development incentive package. Hunting Dearborn’s investment is expected to lead to the creation of up to 60 jobs over the next five years.
“Maine’s economy is continuing to grow, and this expansion is just another example of what is happening across our state,” said Governor Paul R. LePage. “This is what happens when government partners with private industry, creating a business-friendly climate that encourages and appreciates private investment and job creation. Congratulations to Hunting Dearborn. I thank them for choosing to invest in our state and provide more Mainers with good-paying careers and the opportunity to prosper.”
Hunting Dearborn’s Chief Financial Officer Robert Newton spoke about the competitiveness of the DECD incentives. “They were clearly an essential ingredient in our decision to further invest in Maine,” said Newton. “Our interaction with DECD and Governor LePage Account Executive Brian Doyle was seamless and an overall positive experience. We’re hoping to have shovels in the ground sometime later this month.”
Project Announcements
NewGlobal Ventures Plans Estancia Valley, New Mexico, Canning Operations
01/16/2025
Oxeon Energy Expands Davis County, Utah, Production Operations
01/13/2025
Nucor Towers & Structures Plans Brigham City, Utah, Production Operations
01/13/2025
Canada-Based Markdom Michigan Plastics Plans Charlotte, Michigan, Production Operations
01/13/2025
Japan-Based Nitto Plans Frankfort, Kentucky, Operations
01/12/2025
Compass Datacenters Plans Meridian, Mississippi, Operations
01/12/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024