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W W W. M A I N E B I Z . B I Z 5 J U N E 1 0 , 2 0 1 9 Copyright 2019. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $47.95 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. Subscriber list: We make a portion of our subscriber list available to reputable firms for one-time use. If you would prefer that we not include your name, please call Donna Brassard at 207-761-8379 x327 or email her at donnab@mainebiz.biz. 3 Viewpoints Editor's letter plus Top 10 16 Building Business Zachau completes new HQ for Hancock Lumber 18 Commentary Why this native Mainer moved out of Maine 41 In Short Newsworthy people and performances 46 The List Maine's largest SBA loans B U S I N E S S M A I N E I N E V E RY I S S U E 6 Three deals, two days: $30M of properties sold in Portland 7 A Look Back Portland 'submarines' idea for waterfront museum 9 Ask ACE Why project management? 10 Credits & Debits 11 Politics & Co. A flurry of business-related laws signed into law 12 Goodwill sells commercial space in Portland A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 40 Drilling deep for success. S.W. Cole Engineering wanted to add a new business line which was capital intensive. CFO Jason Richard called Bar Harbor Bank & Trust to finance their new drilling business. With our understanding of the company, we helped them expand into this new line, grow their geographic reach and streamline their cash management. To see this and other success stories, go to www.bhbt.com/success-stories. Call 207-669-6811 today to connect with our Commercial Banking team. We help businesses write their own success stories. Member FDIC Personal Banking · Business Banking · Wealth Management Over 50 locations in Maine, New Hampshire & Vermont " If I need anything, I can call my banker, Adam, and he gets it done." —Jason Richard M E R R I L L ' S W H A R F 2 5 4 C O M M E R C I A L S T R E E T P O R T L A N D , M E 0 4 1 0 1 2 0 7 . 7 9 1 . 1 1 0 0 P I E R C E AT W O O D . C O M Our Catalyst team provides new clients with an array of FREE services to help get things off the ground. All you pay for are filing fees. A partial list of services includes: • Advice on choice of entity • Stockholders or operating agreement • Development of equity agreement plans • Registration of first trademark We also offer reasonable fixed fees for help with incorporation, financing, and building your team. Pierce Atwood is pleased to be a platinum sponsor of Startup Maine, June 19–21 in Portland. Visit startupmaine.org for more information. Pierce Atwood. There's a reason... Need help geing your new project o the ground?

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