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C O R P O R AT E | P R I VAT E
Maine's largest ESOPs
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C O N T I N U E D F R O M P A G E 1 0
11 Daigle Oil Co.
P.O. Box 328, Fort Kent 04743
834-5027, daigleoil.com
150 100% Doug Taggett
Carter Vaillancourt
1955 2015
13 Day's Jewelers
88 Main St., Waterville 04901
800-439-3297, daysjewelers.com
120 100% Joseph Corey 1914 2021
14 PAF Transportation
75 Postal Service Way,
Scarborough 04074
800-775-4091, paftrans.com
103 100% Alan Reed 1950 2011
15 Clark Insurance
1945 Congress St., Building A,
Portland 04102
774-6257, clarkinsurance.com
100 100% Jeff Shaw 1931 1992
2
15 Sebago Technics
75 John Roberts Road, Suite 4A,
South Portland 04106
200-2100, www.sebagotechnics.com
100 100% Mark Adams 1981 1998
3
17 Knowles Industrial Services Corp.
295 New Portland Rd., Gorham 04038
854-1900, knowlesindustrial.com
95 100% Dan Maloney
Tim Rich
Travis Whitehead
1924 2017
18 Haley Ward Inc.
One Merchants Plaza, Suite 701,
Bangor 04401
989-4824, haleyward.com
82 100% Denis St. Peter 1978 2020
19 Knickerbocker Group
4
3 Builders Square, Boothbay 04537
633-3818, knickerbockergroup.com
81 100% Steve Malcom 1978 2017
20 Allen Financial Group
31 Chestnut Street , Camden 04843
800-439-4311,
AllenIF.com/financial
72 100% J. Michael Pierce 2001 2001
2
21 Mainely Tubs
415 Payne Road, Scarborough 04074
883-6357, mainelytubs.com
62 100% Jared Levin 1978 2016
22 Ethos
17 Ash St., Westbrook 04092
856-2610, ethos-marketing.com
55 100% Tom Gale 1999 2017
23 Landry/French Construction Co.
160 Pleasant Hill Road,
Scarborough 04074
730-5566, landryfrench.com
52 100% Kevin French 2010 2016
24 Kennebec Technologies
150 Church Hill Road, Augusta 04330
626-0188, kennebec.com
50 100% Charles "Wick" Johnson 1972 2016
24 Prock Marine Company
67 Front St., Rockland 04841
(207) 594-9565,
www.prockmarinecompany.com
50 100% Theodore Prock 1963 2012
26 Steel-Pro Inc.
771 Main St., Rockland 04841
596-0061, steelprousa.com
47 100% Steve Ladd 1978 2014
27 Warren Construction Group Inc.
P.O. Box 362, South Freeport 04078
865-3522,
warrenconstructiongroup.com
40 100% Peter Warren 1999 2016
28 Spinnaker Trust
123 Free St., Portland 04101
553-7160, spinnakertrust.com
34 10% Amanda Rand 2001 2007
29 Deighan Wealth Advisors
455 Harlow St., Bangor 04401
800-990-1117, deighan.com
7 100% Lucie Estabrook
Jenifer Butler
Jennifer Eastman
1994 1994
1 Reached 100% employee-owned in 2004.
2 Reached 100% employee-owned in 2017.
3 Reached 100% employee-owned in 2007.
4 An additional location in Portland.
This list was compiled by Timothy Doyle and was published in the March 22, 2021 edition on Mainebiz. Food City Holdings did not respond to survey. As of 2019, they reported 248
Maine's largest ESOPs
Ranked by number of Maine employees
No. of Maine
employees % ESOP-owned Top executive Year founded ESOP founded
1 Cianbro
101 Cianbro Square, P.O. Box 1000,
Pittsfield 04967
487-3311, cianbro.com
950 100% Peter "Andi" Vigue 1949 1979
1
2 Johnny's Selected Seeds
955 Benton Ave., Winslow 04901
861-3900, johnnyseeds.com
355 100% David Mehlhorn 1974 2006
3 Johnson & Jordan Inc.
18 Mussey Road, Scarborough 04074
883-8345, johnsonandjordan.com
294 100% Christopher Jordan 1991 2016
4 Sargent Corp.
378 Bennoch Road, Stillwater 04489
827-4435, www.sargent-corp.com
285 100% Herbert R. Sargent 1926 2013
5 Moody's Coworker Owned Inc.
200 Narragansett Street,
Gorham 04038
839-2500, moodyscollision.com
240 54% Shawn Moody 1977 2003
6 Reed & Reed Inc.
275 River Road, Woolwich 04579
443-9747, reed-reed.com
225 100% Jackson A. Parker 1928 2016
7 Lanco Integrated
12 Thomas Drive, Westbrook 04092
773-2060, lanco.net
184 100% Edward Karabec 1984 2008
8 Systems Engineering Inc.
120 Exchange St., Portland 04101
888-624-6737,
systemsengineering.com
168 100% Matt McGrath 1988 2007
9 ReVision Energy
758 Westbrook Street,
South Portland 04106
221-6342, revisionenergy.com
167 100% Fortunat Mueller 2003 2017
10 Dennis Paper & Food Service
101 Mecaw Road, Hampden 04444
947-0321, dennisexpress.com
155 100% Rick Robertson 1908 2015
11 J.S. McCarthy Printers
15 Darin Drive, Augusta 04330
622-6241, jsmccarthy.com
150 100% Jon Tardiff 1947 2019
11 Daigle Oil Co.
P.O. Box 328, Fort Kent 04743
834-5027, daigleoil.com
150 100% Doug Taggett
Carter Vaillancourt
1955 2015
13 Day's Jewelers
88 Main St., Waterville 04901
800-439-3297, daysjewelers.com
120 100% Joseph Corey 1914 2021
14 PAF Transportation
75 Postal Service Way,
Scarborough 04074
800-775-4091, paftrans.com
103 100% Alan Reed 1950 2011
15 Clark Insurance
1945 Congress St., Building A,
Portland 04102
774-6257, clarkinsurance.com
100 100% Jeff Shaw 1931 1992
2
15 Sebago Technics
75 John Roberts Road, Suite 4A,
South Portland 04106
200-2100, www.sebagotechnics.com
100 100% Mark Adams 1981 1998
3
17 Knowles Industrial Services Corp.
295 New Portland Rd., Gorham 04038
95 100% Dan Maloney
Tim Rich
1924 2017
1 Reached 100% employee-owned in 2004.
2 Reached 100% employee-owned in 2017.
3 Reached 100% employee-owned in 2007.
4 An additional location in Portland.
This list was compiled by Timothy Doyle and was published in the March 22, 2021 edition on Mainebiz.
N O T E S : Food City Holdings did not respond to survey. As of 2019, they reported 248 Maine employees. Other companies were contacted, but did not respond. If you believe your com-
pany should be represented on this list, please contact Lead Researcher Timothy Doyle tdoyle@nebusinessmedia.com. There is no cost to participate.
S O U R C E : Each company via survey, The ESOP Association and Maine Employee Ownership Network
