Maine Climbs the Chart in Ranking of Top States for Business

AUGUSTA – It’s further proof that the LePage Administration’s commitment to a strong business climate is paying off.

According to a new in-depth ranking by CNBC.com of America’s Top States for Business, Maine went from 40th in 2011 to 35th in 2012; a big step in the right direction. A closer look at the numbers shows even more remarkable improvements. Maine went from 26th in 2011 to 19th in 2012 for the cost of doing business. In overall business friendliness, Maine went from 32nd in 2011 to 21st in 2012.

“We have successfully reduced regulatory burdens on private sector development, implemented health insurance, welfare and pension reform and lowered taxes,” said Governor Paul LePage. All of this represents real structural changes to Maine’s overall business climate. “My commitment is to continue building a powerful business infrastructure, skilled workforce and creating a culture where jobs and prosperity flourish,” continued Governor LePage.

Maine also showed improvements in technology and innovation moving from 40th in 2011to 35th in 2012. Infrastructure and transportation went from 48th in 2011 to 42nd in 2012.

Is Maine improving? Yes. Can we do even better? Yes. “We are proactively reaching out to Maine’s business community. More than 200 businesses have already responded to our Maine Business Survey in just three days,” said Department of Economic and Community Development Commissioner, George Gervais. “Their feedback is what will drive future policy decisions impacting their bottom line,” added Gervais.

It’s all about leading Maine back to prosperity through sound policy and fiscal responsibility and reversing a trend that for years had Maine heading in the wrong direction.

For the complete ranking of America’s Top States for Business 2012 go to: http://www.cnbc.com/id/46413845 ###