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V O L . X X V N O. X X V I I N OV E M B E R 2 5 , 2 0 1 9 8 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 serve as president, but will collaborate with Ready management on plans for domestic and international growth in the specialty product market, accord- ing to the release. Founded in 2004 by brothers John and Brendan Ready, Ready Seafood markets lobster around the world, sourcing more than 20 mil- lion pounds from dozens of locations along the Maine coast. e company operates production facilities in Portland and in Saco, where a 52,000-square-foot, $15 million lobster processing plant, the state's largest, opened in September. Ready Seafood is part of Vancouver, Canada-based Premium Brands Holding Corp. (TSX: PBH). N O T E W O R T H Y S O U T H E R N Atlantic Federal Credit Union in Brunswick said it received National Credit Union Administration approval to serve residents of Androscoggin County. Coastal Enterprises Inc., a Brunswick- based community lending and econom- ic development nonprofit, has been se- lected to become one of only two U.S. community development-focused finan- cial institutions to join the Partnership for Carbon Accounting Financials. The organization joins 50 other financial institutions that have committed to as- sess and disclose the greenhouse gas emissions of its loans. Portland Yacht Services and the Portland Shipyard activated its 300 MT Marine Travelift, a 42-foot wide commercial landing craft with the abil- ity to handle large commercial passen- ger boats, fishing boats and trawlers and large catamarans. Junior Achievement of Maine in Portland received a $50,000 grant from the Bank of America Foundation. The grant will support the state's inaugural Neighborhood Champion pro- gram, a Bank of America initiative that supports the role nonprofit leaders play in advancing economic mobility. Ocean Renewable Power Co. Inc., a marine energy company based in Portland, said that it has closed on commitments for $7.5 million in private equity, allowing it to expand its business development and sales focus in the U.S., Canada and Chile. Portland City Council accepted a $20,950 grant to the Portland Fire Department from Firehouse Subs Public Safety Foundation to purchase of 50 pairs of Globe Firefighting Boots. Protecting dreams. Building assets. TheFirst.com/WealthManagement Individual | Nonprofit | Municipal RESPONSIBILITY FIRST Securities and investment products are not bank deposits, are not insured by the FDIC or any other government agency, are not obligations of, nor guaranteed by, any bank or bank affiliate, and may involve investment risk, including the possible loss of value or principal amount invested. Since 1989 Local Decisions Be Budget! 800.924.4229 www.bdtme.com Problems Solved. Budget Document Technology is an industry leader in providing digital solutions for document creation, production, and distribution. Helping Maine get business done! • Multi-functional Color & B&W Copiers • Printers & Scanners • Postage & Mailing Equipment • Software & Network Solutions • Managed Print Services