TravelTill

Economy of Portland ME


JuteVilla
Portland has become Maine's economic capital because the city has Maine's largest port, largest population, and is close to Boston (115 miles to the south). Over the years, the local economy has shifted from fishing, manufacturing and agriculture towards a more service-based economy. Most national financial services organizations such as Bank of America and Key Bank base their Maine operations in Portland. Unum, Magellan Petroleum, Maine Bank & Trust, ImmuCell Corp, and Pioneer Telephone have headquarters here, and Portland's neighbouring cities of South Portland, Westbrook and Scarborough,
previous12next
JuteVilla