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W W W. M A I N E B I Z . B I Z 5 JA N UA R Y 2 5 , 2 0 2 1 Copyright 2021. 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 $60.00 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 18 Building Business Former doughnut shop on the move in Freeport 19 On the Record Jonathan Trumper, SCORE Portland chapter chair 20 In Short Newsworthy people and performances 22 The List Largest residential mortgage lenders 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 Biz Money FAME, busier than ever, now looking for a new leader 6 Credits & Debits 8 Ask ACE Is there a way to assemble an advisory team? A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 19 Join us for the Five on the Future Virtual Forum as we take a look at Maine's future economy with a panel of Maine CEOs and leaders who will discuss how they see the marketplace performing in the coming year. They will identify leading economic indicators, opportunities, and challenges for Maine's future. SP ONSORED BY National Bank MAINEBIZ.BIZ/5ON FEBRUARY 25 / 10:30 –11 AM VIRTUAL NETWORKING / 11 AM–12PM VIRTUAL FORUM K E Y N O T E & M O D E R AT O R M E E T O U R PA N E L I S T S Jeffrey Fuhrer Mass Development Dava Davin Portside Real Estate Group Jessica Estes The Boulos Company Jennifer Hutchins MANP Derek Volk Volk Packaging Curtis Picard Retail Association of Maine A Look at Maine's Future Economy for 2021 Patent Law Real Estate Law Corporate Law Energy Law MERRILL'S WHARF • COMMERCIAL STREET • PORTLAND, MAINE • • • •-.-‚ . •• • PIERCEATWOOD.COM ON TOP IN MAINE, ONCE AGAIN Of the largest law rms in Maine, Pierce Atwood is the only rm ranked nationally across seven areas of expertise: • Our strength and reach across industries and practices is both distinctive and unusual among midsize law rms. We are pleased that our clients continue to put their trust in our integrity, responsiveness, expertise, and deep understanding of their business needs. Mass Tort Litigation/ Class Actions Environmental Litigation Land Use & Zoning Law Mainebiz, November , US News – Best Lawyers "Best Law Firms" Rankings Pierce Atwood. There's a reason… 8