New Balance Invests $65 Million in Maine Factory Expansion

June 5, 2023

New Balance is expanding its athletic footwear manufacturing factory in Maine.

The brand announced today that it has broken ground on the expansion efforts to its current Skowhegan, Maine factory. The expansion consists of a 120,000-sq.-ft., single-story addition that New Balance said will be completed by the end of 2024.  FN