V O L . X X V I I N O. V I
M A R C H 2 2 , 2 0 2 1 30
T H E L I S T
C O M P I L E D B Y T I M O T H Y D O Y L E C O M P I L E D B Y T I M O T H Y D O Y L E
1 Reached 100% employee-owned in 2004
N O T E : Food City Holdings did not respond to survey. As of 2019, they reported 248 Maine employees.
S O U R C E : Each company via survey, The ESOP Association and Maine Employee Ownership Network
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Maine's largest ESOPs
Ranked by number of Maine employees
Maine's largest ESOPs
Ranked by number of Maine employees
1 Cianbro
101 Cianbro Square, P.O. Box 1000,
Pittseld 04967
487-3311, cianbro.com
2 Johnny's Selected Seeds
955 Benton Ave., Winslow 04901
861-3900, johnnyseeds.com
3 Johnson & Jordan Inc.
18 Mussey Road, Scarborough 04074
883-8345, johnsonandjordan.com
4 Sargent Corp.
378 Bennoch Road, Stillwater 04489
827-4435, www.sargent-corp.com
5 Moody's Coworker Owned Inc.
200 Narragansett Street, Gorham 04038
839-2500, moodyscollision.com
6 Reed & Reed Inc.
275 River Road, Woolwich 04579
443-9747, reed-reed.com
7 Lanco Integrated
12 Thomas Drive, Westbrook 04092
773-2060, lanco.net
8 Systems Engineering Inc.
120 Exchange St., Portland 04101
888-624-6737,
systemsengineering.com
9 ReVision Energy
758 Westbrook Street, South Portland 04106 758 Westbrook Street, South Portland 04106
221-6342, revisionenergy.com
10 Dennis Paper & Food Service
101 Mecaw Road, Hampden 04444
947-0321, dennisexpress.com
Maine
employees
950 950
355
294 294
285
240 240
225
184 184
168
167 167
155
Top executive
Peter "Andi" Vigue
David Mehlhorn
Christopher Jordan
Herbert R. Sargent
Shawn Moody
Jackson A. Parker
Edward Karabec
Matt McGrath
Fortunat Mueller
Rick Robertson
Year founded
1949
1974
1991
1926
1977
1928
1984
1988
2003
1908
ESOP founded
1979
1
2006
2016
2013
2003
2016
2008
2007
2017
2015
11 Daigle Oil Co.
P.O. Box 328, Fort Kent 04743
834-5027, daigleoil.com
150 100% Doug Taggett
Carter Vaillancourt
1955 2015
11 J.S. McCarthy Printers
15 Darin Drive, Augusta 04330
622-6241, jsmccarthy.com
150 100% Jon Tardiff 1947 2019
13 PAF Transportation
75 Postal Service Way, Scarborough
04074
800-775-4091, paftrans.com
103 100% Alan Reed 1950 2011
14 Clark Insurance
1945 Congress St., Building A, Portland
04102
774-6257, clarkinsurance.com
100 100% Jeff Shaw 1931 1992
2
1 Reached 100% employee-owned in 2004.
2 Reached 100% employee-owned in 2017.
This list was compiled by Timothy Doyle. Food City Holdings did not respond to survey. As of 2019, they reported 248 Maine employees.
S O U R C E : Each company via survey, The ESOP Association and Maine Employee Ownership Network
ESOP-owned
100% 100%
100%
100% 100%
100%
54% 54%
100%
100% 100%
100%
100% 100%
100%
Percent
