Mainebiz

April 15, 2019

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W W W. M A I N E B I Z . B I Z 9 A P R I L 1 5 , 2 0 1 9 Thornton Tomasetti, an international engineering firm based in New York City. Terms of the transaction were not disclosed. Three longtime business leaders will step down Leaders from a bank, a hospital group and a promotional prod- ucts company announced a future retirement or plans for succession. Skowhegan Savings Bank said that John Witherspoon, president and CEO, will retire at the end of the year. David Cyr, executive vice president, has been appointed by the bank's board of directors as the bank's new president and will assume the additional role of CEO at year's end. Witherspoon will con- tinue to serve on the bank's board of directors. Timothy A. Churchill, who has led Franklin Community Health Network for the past three years and Western Maine Health in Norway for more than two decades, announced his plans to retire effec- tive Jan. 1, 2020. e search for a successor will start later this month. In Lewiston, Gene Geiger, who has served as CEO of Lewiston-based global promotional products firm Geiger since 1994, announced that Jo-an Lantz has been promoted to succeed him. Lantz's promo- tion to CEO took effect on April 1. She steps up from being the first non-family president of Geiger, a position she assumed in January after serving as the company's COO. Geiger, which is publisher of the Farmers' Almanac and produces pro- motional products, has 400 employ- ees and is privately held. Sewing machine retailer closes doors A longtime sewing machine retailer in Turner closed its doors after a deal to sell the business fell through. Cote Bros. Sewing Machines owners Ron Blake and Lisa Cote-Blake said in a news release that they planned to close the store, at 293 Auburn Road in Turner, and liquidate much of the inventory. ey did not go into details of why the proposed deal fell through. e store dates to 1956. e owners indicated they're Biddeford and developers agree on mixed-use plan for former MERC site — A plan that's a long time in coming A possible use for invasive green crabs? Dog biscuits — Lobsters and clams are rooting for this GenX Capital closes financing for pioneering Opportunity Zone project in Augusta — Investors are seeing 'opportunity' in federal tax incentives Free downtown wifi 'no longer a luxury' in places like Waterville, Millinocket — Making progress on broadband, one municipality at a time Portland only Northeast city in U.S. News' Top 25 'Best Places to Live' — Um, the good news arrived amid an April snowstorm WalletHub: Maine has country's third-greatest tax burden — Weighing tax burden vs. quality of life (see 'Best places' at left) Saved from ruin, historic waterfront Lubec tavern awaits a buyer — An example of how even waterfront property needs the right buyer No buyer, so Turner sewing machine retailer will close its doors — And plans for retirement go awry Additional H-2B visas issued, but number still falls short of Maine's need — Maine needs workers, plain and simple Latest court decision seen as setback for commercial harvesting of rockweed — Hands off my seaweed! C R E D I T S & D E B I T S Go beyond the ordinary with Wipfli/Macpage. We're helping construction and real estate firms throughout Maine protect their bottom line and reach higher to achieve their goals. Go Beyond the Ordinary at wipfli.com/maine REACHING HIGHER FOR CONSTRUCTION & REAL ESTATE FIRMS • Cost segregation studies • Section 179D energy efficient tax deduction • Technology management • Federal Acquisition Regulations (FAR) solutions South Portland | Augusta C E N T R A L & W E S T E R N

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