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V O L . X X V N O. X X V I I I D E C E M B E R 9 , 2 0 1 9 10 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 Northward" capital campaign. e Waterville college has raised $500 million in three years of the fundrais- ing drive, whose goal is to reach $750 million by June 30, 2023. More than 20,000 donors have contributed to the campaign, according to a news release. Dare Northward supports a variety of initiatives by the college, some of which are already in progress. ey include increasing financial aid for students; building new athletic and performing arts centers; enhanc- ing the college's art museum and science labs; and investing in sev- eral downtown Waterville real estate developments. e campaign has also allowed Colby to expand the size of its faculty by 15%, increasing the 1,800-student school's research activ- ity in fields such as computational biology and genomics. Augusta printer becomes employee-owned J.S. McCarthy Printers, an Augusta- based commercial and packaging printing company owned by the Tardiff family since 2000, is now owned through an employee stock owner- ship plan, or ESOP. It joins a growing list of employee-owned businesses in Maine that includes construction firms Cianbro Corp. and Sargent Corp., as well as Moody's Coworker Owned collision service and Johnny's Selected Seeds, of Winslow. Rick Tardiff, who bought J.S. McCarthy Printers in 2000 and expanded it through a number of acquisitions, will stay on as board chair- man, with his four children and the current management team in charge of daily operations. J.S. McCarthy Printers has sales offices in Portland, Boston and, in Connecticut, Hartford and Stamford. N O T E W O R T H Y C E N T R A L & W E S T E R N The Onion Foundation in Auburn awarded Chewonki, an educational nonprofit in Wiscasset, a $15,000 grant to support an initiative to inte- grate citizen science into place-based science education at its schools and nearby public schools. Candy Hollow, a confectionary store in Oakland, relocated to 54 Main St. Loon Echo Land Trust in Bridgton and the Trust for Public Land in San Francisco received a $100,000 anony- mous grant to match new donations for the protection of 1,400 acres Dave McElwain Senior Lender We specialize in helping Maine and New Hampshire businesses grow, with loans of all types, generated through our local credit union partners. And because we're not a bank, we're able to offer better terms and greater flexibility. Our streamlined process will get you the money you need in a timely way. Whether you're looking to borrow $50,000 or $20,000,000, come in and talk to us first. 866.736.2804 | mainebls.com EQUIPMENT LOANS COMMERCIAL REAL ESTATE LOANS BUSINESS EXPANSION LOANS Tired of big bank bunk? Welcome to the local solution. Kingfish Zeeland secures funds to permit Jonesport aquaculture project — Now to convince Jonesport it's a good idea Colby College reaches $500M fundraising milestone — Let's hope the momentum continues in downtown Waterville as well Holiday shopping season off to a strong start in Maine — Always good news for retailers On Giving Tuesday, Maine's generosity ranks high — Keep up the good work, Mainers! Kittery shipyard's equipment is old and work is late, but Navy may under-fund fixes — The shipyard is more than 200 years old, so no quick fixes A.C. Moore to close, fate of 3 Maine stores uncertain — A continued ripple effect on the retail sector Studies: Warming waters, local conditions contribute to Maine's lobster stock changes — Whichever conclusion you believe, lobsters are on the move Winter storm hammers Maine businesses, residents — Only four more months of winter (sigh) C R E D I T S & D E B I T S P H O T O / C O U R T E S Y K I N G F I S H Z E E L A N D Yellowtail kingfish produced Yellowtail kingfish produced at at Kingfish Zeeland Kingfish Zeeland facility facility in the Netherlands. in the Netherlands.

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