Mainebiz

September 30, 2019

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V O L . X X V N O. X X I I S E P T E M B E R 3 0 , 2 0 1 9 14 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Damariscotta. The new location, which, subject to regulatory approval, is sched- uled to open in spring 2020, will replace the branch at 4 Coastal Market Drive. Sweetgrass Farm Winery and Distillery in Union released its second batch of Maine single malt whiskey, Sunk Haze, made from Maine grown barley and aged for seven years in oak barrels. UMaine secures wind power grant University of Maine has received $1.4 million from the U.S. Department of Energy to design a concrete floating offshore wind turbine. e grant is one of 13 made nationwide, totaling $26 million, as part of the federal agency's Aerodynamic Turbines, Lighter and Afloat, with Nautical Technologies and Integrated Servo-control (ATLANTIS) program. e goal is to develop technol- ogies for floating offshore wind turbines, with focuses on three technology devel- opment areas: new designs, computer tools and experiments. Harnessing just 3% of the Gulf of Maine offshore wind resource is enough to heat every home in Maine and convert every car to elec- tricity, UMaine said. N O T E W O R T H Y N O R T H E R N & E A S T E R N Going Places Network announced that Katahdin Trust agreed to be the presenting sponsor of The PI Loop, a new transportation solution for the Presque Isle community. Land Use Planning Commission in August approved J.D. Irving Limited's Fish River Chain of Lakes Concept Plan in northeastern Aroostook County, au- thorizing zoning for up to 330 residenc- es, a small commercial development area and four community and economic development areas, and restricting for the life of the plan, most development in the balance of the plan area. The plan also establishes procedures for sale of existing leased lots that protect residents' road access and lake water quality; includes permanent conserva- tion of over 16,000 acres and long- term public access to lakes, and guar- antees public recreational trail access for the life of the plan. Let the ight be the longest part of your commute. FlyBangor.com egcu.org/card (888) 294-2572 NO balance transfer 1 or annual fees Up to $ 450 $30 per $1,000* * * Earn $30 bonus for each $1,000 transferred to a new or existing ECU Apex Business Credit Card during the promotion period, not to exceed $450. Balance transfers must occur during the promotional period of September 1 - October 31, 2019 in order to be eligible. Bonus will be deposited no later than 11/15/19. 1 Annual Percentage Rate as of 9/1/2019. Not all applicants will qualify for the lowest rate. Foreign transaction fees may apply. Federally insured by NCUA. Business Credit Card Special to our Low Fixed Rate Credit Card 8.99% as low as APR 1 Transfer Bonus N O R T H E R N & E A S T E R N

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