Economic Development

Orono has seen quite the increase in local breweries and tasting rooms in the last few years, and thanks to the team at Orono Brewing Company, the expansion is only beginning! Abe and Heather Furth, along with Mark Horton and Asa Marsh-Sachs have recently purchased an old industrial building located at 61 Margin Street right here in Orono. The building was previously owned by Lane Construction and was used to crush rock and make cement. The Furths and their co-owners are excited to reclaim this old building and introduce some new uses to that area of town.
With the success they have experienced at Woodman's Bar & GrillVerve, and OBC on Main Street they have all been instrumental in breathing new life into the Orono restaurant and foodie scene. Congratulations to the entire OBC team, we are so glad to have you as some of the many exceptional business owners in Orono! To read more about OBC's next adventure check out this Bangor Daily News article, this piece done by WABI TV5.
Downtown

Economic Development Orono! A Smart Idea


Check out Orono Economic Development Corporation's latest ad (PDF) in the 2015 edition of Mainebiz's Fact Book.

Orono - A Job Center


Orono is part of the Bangor metropolitan area and, as home to the University of Maine, is a job center in its own right. More than 6,300 people work in Orono, including the University (2,400 employees), senior housing and student residential facilities, industrial concerns such as Shaw and Tenney (wooden oars and paddles), Byer Manufacturing (outdoor recreational and camping furniture), the financial headquarters of University Credit Union, and the retail-hotel-service districts in Downtown Orono and along the Stillwater Avenue corridor off Exit 193 of Interstate 95.

The Maine Tech Industrial Park off Exit 193 is home to a variety of office-based and RandD businesses, including the Target Technology Center and its incubator, a joint venture between the Bangor Target Area Development Corporation and the University of Maine.

The Orono Economic Development Corporation was established in 2000 to assist in the financing and development of a modern call center - now occupied by Nexxlinx - in the Maine Tech Industrial Park. OEDC is in the midst of developing new opportunities with which it can assist. OEDC tracks major properties available in Orono. In addition, with the redevelopment of the former Katahdin Building site in Downtown as the new headquarters for University Credit Union, two opportunities have become available: space within the new building itself (PDF) and UCU's former technology space (PDF) on Park Street

Development Opportunities


Maine Technology Industrial Park: Several development opportunities remain in the Maine Tech Industrial Park.

Kelley Road Business Park (PDF): This proposed business park - 8 lots on 30 acres - is located at I-95 Exit 191, just north of Bangor Mall area. The park is fully permitted.

Contact Evan Richert, Town Planner, for more information on development and business opportunities in Orono.