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W W W. M A I N E B I Z . B I Z 9 A U G U S T 2 0 , 2 0 1 8 wife-and-husband team of interior designer Terri Scott and architect Gregg Scott to design the nonprofi t's fi rst two workforce houses planned for construction in Northeast Harbor. According to a Mount Desert 65 news release, this is the organization's fi rst home-ownership site to be developed, located on Summit Road in Northeast Harbor. e designers are principals at RLPS Architects in Lancaster, Pa., and are part-time residents of Northeast Harbor. In keeping with the town's land use zoning ordinances, the plan for this site is two modestly sized and aff ord- able dwellings, with covenants in place to keep them aff ordable in perpetuity for families with median incomes. N O T E W O R T H Y M I D C O A S T & D O W N E A S T Northeast Bancorp, a fi nancial ser- vices company and parent of Northeast Bank in Lewiston, reported net income of $4.3 million, or 48 cents per diluted common share, for the quarter ended June 30, compared to net income of $4.0 million, or 45 cents per diluted common share, for the quarter ended June 30, 2017. Net income for the year ended June 30 was $16.2 million, or $1.77 per diluted common share, compared to $12.3 million, or $1.38 per diluted common share, for the year ended June 30, 2017. The company also said on July 30, 2018, its board of directors declared a cash dividend of a penny per share, payable on Aug. 24 to shareholders of record as of Aug. 10. Waterville Community Dental Center received a lead grant of $250,000 from Delta Dental Plan of Maine in support of the capital campaign to construct a new dental center. The grant will be used to help purchase and renovate a new location to better serve the dental needs of those in the area. J.S. McCarthy, a printing company in Augusta, said it replaced an older press from a different manufacturer with the Speedmaster XL 106-4+LYY-P-4+L from Heidelberg to double its productivity. Emera Maine's new president Emera Maine, Maine's second-largest electric utility, promoted its chief operat- ing offi cer to president. Mike Herrin became president eff ective July 1. He Helping Economic Development Take Flight Many people know that BGR is an active airport, with convenient nonstop jet service to several important cities and hubs. They know that BGR serves as a gateway to Maine for tourists and business travelers. But, many are surprised to learn that Bangor International Airport is self-funded from leases and fees, requiring no tax dollars from the City of Bangor or the State of Maine. At BGR, we are here to help your business take fl ight. Visit us online at flybangor.com. BGR_MEBiz_EconDev_080718.indd 1 8/7/18 5:18 PM PRESEN T ING SP ONSORS DAVA DAVIN JOAN FORTIN KRISTINA EGAN CLAYTON SPENCER Come meet the 2018 Mainebiz Women to Watch The Westin Portland Harborview 157 High Street, Portland September 25 5:00–7:00 pm For more info and to register, visit www.mainebiz.biz/WTW FOLLOW US @MBEVENTS #MBWTW18 N O R T H E R N & E A S T E R N

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