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October 4, 2021

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V O L . X X V I I N O. X X I I O C T O B E R 4 , 2 0 2 1 12 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 Log A Load for Maine Kids Northern Maine Golf Tournament held in Lincoln raised a record $67,351 for Children's Miracle Network Hospitals in Maine. VIP Tires & Service in Auburn completed renovations and expansion of its location at 128 Center St. in Auburn. Just-In-Time Recreation, a bowling alley, opened at 24 Mollison Way in Lewiston. Bar Harbor looks to sharply reduce cruise ship visits In a first go-round to reduce the community impact of cruise ship visits, the Bar Harbor Town Council has proposed a mix of limitations that could drastically reduce the number of visitors in the 2022 season. e council's pro- posal, which includes reductions in the maximum ship size, season length and the number of monthly port calls, is now in the hands of the town's Cruise Ship Committee. e proposal came in response to a community survey, which showed that Bar Harbor residents and business owners favor scal- ing back the number of cruise ship visits. Bar Harbor is Maine's larg- est cruise-ship port of call, and in 2019 booked 176 cruise ships with a capacity of 272,578 passengers. For 2022, 174 ships carrying 292,212 passengers are booked for port visits, though the Town Council measure could cut visitorship by as much as 87%. Wild blueberry growers rebound from last year Maine's wild blueberry harvest has nearly doubled last year's volume, as ample rain revived production to more normal levels after frost and dry weather ruined crops a year ago. e 2021 wild blueberry har- vest will likely total 85 million to 90 million pounds, compared with less than 48 million pounds last year, according to David Yarborough, emeritus professor of horticul- ture with the University of Maine. is year's crop is the biggest since 2016, according to the University B I Z M O N E Y A rare change in leadership for Bangor wealth management firm B y P e t e r V a n A l l e n I n the same period over four decades, the United States has had seven presidents. Now, a Bangor-based wealth management firm announced a rare change in leadership, naming just its third president since its founding in 1935. Means Wealth Management, which is family owned, has offices in Bangor, Presque Isle and South Carolina, where it has locations in Greenville and Greenwood. In late September, the company said Paul B. Means has transitioned from the president role to chairman. He took over the president role in 1981, succeeding his father. His son, Zachary P. Means, will make the shift from CEO to president. Zach, as he's known, joined the firm in 2009 and has served as both CEO and financial advisor. He is credited with helping the company grow from $150 million in assets under management to nearly $1 billion. Zach Means also serves on the board of Machias Savings Bank. "I am honored to have Zach take the helm as president," the elder Means said in a news release. "I am certain that his commitment to excellence and proven leadership will serve our clients and employees well for generations to come." Finally, Erin Barry has been promoted from chief financial officer to CEO. She joined Means Wealth Management as controller in 2019, and was promoted to CFO. Prior to join- ing the firm, she was in Berry Dunn's audit services group specializing in not-for-profit health care clients. "I have worked closely with Erin [on this transition] over the past year," said Zach Means. "I am certain that her attention to detail and dedication to our firm's success will make this an easy transition." P H O T O / C O U R T E S Y O F M E A N S W E A LT H M A N A G E M E N T Means Wealth Management named just its third president in 86 years At Means Wealth Management, Chairman Paul B. Means, CEO Erin Barry and President Zachary P. Means. Mike Cleary, a former airline pilot, owns five Planet Fitness franchise locations in Maine. N O T E W O R T H Y C E N T R A L & W E S T E R N U.S. Sens. Susan Collins and Angus King announced that Kennebec Valley Community Action Program in Augusta received $3.9 million for its Head Start and Early Head Start programs. The funding was awarded through the U.S. Department of Health and Human Services' Administration for Children and Families' Office of Head Start. The Maine Development Foundation in Hallowell said its Maine Downtown Center program received a $750,00 grant from the Paul Bruhn Historic Revitalization Grants Program to be used for historic preservation projects that will foster economic development in Maine's rural downtowns. The Professional Logging Contractors of Maine in Augusta announced that its 25th annual M I D C O A S T & D O W N E A S T

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