Mainebiz

May 27, 2019

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W W W. M A I N E B I Z . B I Z 9 M AY 2 7 , 2 0 1 9 New headquarters for New Dimensions FCU New Dimensions Federal Credit Union broke ground at the site of its new main office at 94 Silver St. in Waterville. Construction of the 12,000-square-foot building is expected to be completed next May. e project is being man- aged by Newport-based Bowman Constructors. e additional space will allow for a larger lobby and modern amenities, but with a tra- ditional feel, the credit union said. e larger lobby will allow for more member service representatives avail- able to assist members' immediate needs, such as account information, home banking assistance, share draft account opening, and other account services, the release said. N O T E W O R T H Y C E N T R A L & W E S T E R N Genotyping Center of America in Waterville was awarded a $37,500 grant from Maine Technology Institute to help expand its labora- tory to accommodate and accelerate growth. The grant will be matched by the organization, which provides fast, accurate, and cost-effective genetic testing services. Workplace Health in Augusta moved to 21 Enterprise Drive in Augusta. Sunday River Resort in Newry entered into an agreement with the owners of the Sunday River Country Club to operate the golf course effective immediately. GeigerBTC, a subsidiary of Lewiston promotional products distributor Geiger, said it is acquir- ing Response Marketing, a York, England-based distributor, as part of its continued expansion strategy to support clients in the United Kingdom and across Europe. New Dimensions Federal Credit Union, along with Bowman Constructors in Newport, broke ground on the credit union's new main office located at 94 Silver St. in Waterville. The 12,000 square-foot construction project is scheduled to be completed by May 2020. The Maine Primary Care Association in Augusta was awarded $1 million from the Health Resources and Services Administration, an agency within the U.S. Department of Health and Human Services, to support community health centers' efforts to provide essential health services to individuals throughout the state. Feds inject $18M into biomedical research Mount Desert Island Biological Laboratory in Bar Harbor received an award of nearly $18 million from the National Institute of General Medical Sciences, an institute of the National Institutes of Health, for the renewal of a grant to strengthen biomedical research and research training in Maine. e grant will extend by five years the Maine INBRE (IDeA Network of Biomedical Research Excellence) pro- gram, which has already been in place 18 years. e lab is the founder and leader of a statewide collaborative network of 13 educational and research institu- tions. Other INBRE members include the University of Maine and Jackson Laboratory, as well as partner under- graduate institutions Bates College, Bowdoin College, Colby College, College of the Atlantic, Southern Maine Community College, the University of Maine Honors College, and the UMaine campuses at Farmington, Fort Kent, Machias and Presque Isle. Machias Savings to invest $5M in HQ Machias Savings Bank broke ground on a new $5 million facility in Machias that will allow it to build its workforce and add amenities like meeting space, fit- ness center and a cafeteria. Benchmark, a design-build, general contracting and construction management company based in Westbrook, is the contractor on the facility, which is expected to open in 2020. Machias Savings Bank has 16 branches in Maine, stretching from Caribou to Portland, and had $1.5 billion in assets in 2018, an 11% increase over the previous year. It is the second largest mutual savings bank in Maine. Seacoast Mission takes two major steps Maine Seacoast Mission of Bar Harbor is in the midst of significant transition. It has selected Front Street Shipyard in Belfast for a significant Gelato Fiasco puts 'flavor foundry' on the market B y L a u r i e S c h r e i b e r B R U N S W I C K — Less than six months after moving most of its production to Michigan, Gelato Fiasco has put its Brunswick production facility on the market for $1.35 million. It's a change of direction for Gelato Fiasco, a fast-growing grocery and retail brand, which in 2016 invested $1.4 million to upgrade the building, dubbed the "flavor foundry." The site, at 2 Industry Road, is listed with The Boulos Co. Gelato Fiasco, which opened stores in Brunswick in 2007 and in Portland's Old Port in 2012, has a far greater reach with its packaged gelato pints, which are sold in more than 5,000 supermarkets across the country. In 2017, co- founder Josh Davis told Mainebiz he expected sales of $20 million by 2018. At the time of its factory upgrade in 2016, Gelato Fiasco said it needed the plant to meet growing demand. But its sales apparently quickly outgrew the space. Last October, Davis told the Portland Press Herald it would move production to a co-packing operation in Michigan. In a recent email to Mainebiz, Marketing Director Bobby Guerette wrote, "We do not need the building, between our pint co-packing, offsite frozen storage and our ongoing production on Maine Street in Brunswick and in the Old Port. Most of our office staff now works mostly remotely." In a separate email, Davis declined to elaborate. Davis and his co-founder, Bruno Tropeano, launched Gelato Fiasco in August 2007 with its storefront in Brunswick. Davis, who was in his early 20s at that time, lived in an apartment upstairs. Davis was honored as the 2016 Mainebiz Small Company Business Leader of the Year. Interest in the property According to the Boulos listing, the building dates to 1985. The factory includes a walk-in commercial freezer and cooler. The property is close to Route 1, Interstate 295 and downtown Brunswick. "We've shown the property to multiple potential users," Boulos broker Tim Millett told Mainebiz. "Its fixtures and equipment are fairly unique, but could serve multiple different purposes, whether it's someone else working with a dairy product or someone working with some other type of liquid." The property comprises 11,740 square feet on 1.1 acres. The listing price includes the real estate only. The sale of the equipment may be separately negotiated, Millett said. "It comes down to doing a walk-through and assessing what equipment you want and in turn what the additional price will be," he said. Equipment includes things like mixing tanks, walk-in cooler and freezer. "There's a lot of value in place that can save time and money without a buyer having to buy equipment on their own," Millett said. Gelato Fiasco ceased operations in the building around December 2018, he said. P H O T O / JA M E S M C C A R T H Y Gelato Fiasco put its food-grade production facility at 2 Industry Road in Brunswick on the market for $1.35 million. B R I E F M I D C O A S T & D O W N E A S T C E N T R A L & W E S T E R N

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