Issue link: https://nebusinessmedia.uberflip.com/i/1451793
W W W. M A I N E B I Z . B I Z 7 F E B R UA R Y 2 1 , 2 0 2 2 OTELCO, a wireline telecommunica- tions company in New Gloucester, announced that roughly 700 loca- tions in Westbrook are now eligible for symmetrical gigabit internet service, one of the fastest Internet speeds available. These are the first locations to gain access to the company's build out of Fiber to the Premise Internet services in Westbrook, which will ultimately re- sult in the construction of 80 miles of fiber network to serve approxi- mately 7,200 locations. FocusMaine and Educate Maine announced a program aimed at providing a pathway to long-term careers in Maine's aquaculture sector. The Aquaculture Pioneers Program, a two-year effort funded through a $382,504 grant from the Builders Initiative, will be launched this spring. Fennco LLC, a power systems con- sulting firm in Portland, was formed by Jeffrey Fenn. Fenn was previously with SGC Engineering in Westbrook. The Ecology School in Saco an- nounced that it received a $25,000 charitable gift from Androscoggin Bank for the naming rights of a new learning yurt. All Out Fitness opened a new location at 10 Whitten Road at the Turnpike Mall in Augusta. FOR/Maine (Maine's Forest Oppor- tunity Roadmap), a broad coalition working to diversify the state's wood- products businesses, attract capital investments and develop greater economic prosperity for rural commu- nities, and Maine Development Foun- dation awarded a total of $120,000 through its Increasing Prosperity for Maine's Forest Economy Communities subgrant program to five Maine com- munities impacted by mill closures. Recipients included town of East Millinocket and town of Madison, $30,000 each; and town of Ashland, town of Lincoln and town of Millinock- et, $20,000 each. The Maine Community Foundation awarded 12 Greater Portland early childhood and leadership organizations C R E D I T S & D E B I T S 168 Years and Counting... HM Payson is pleased to announce the appointment of two new Managing Directors and four new Shareholders. Derek Blackburn, Jay Flower, Tim Kaijala, Noah Petrucci, Molly Reinfried, and Jeff Soules are part of a new generation of leaders committed to sustaining and strengthening HM Payson's 168-year legacy of investment excellence, client service, and community engagement. Jerey Soules jts@hmpayson.com Trader Shareholder Noah Petrucci, CFA njp@hmpayson.com Portfolio Manager Shareholder Tim Kaijala, CAIA, CSRIC™ tjk@hmpayson.com Alternatives Analyst, Research Analyst Shareholder Molly Reinfried, CFP®, EA mcr@hmpayson.com Portfolio Manager, Chair, Financial Planning Group Managing Director Derek Blackburn drb@hmpayson.com Chief Operating Ocer, Chief Compliance Ocer Managing Director Jay Flower, CFP® jof@hmpayson.com Portfolio Manager Shareholder Maine's 2021 lobster catch shattered records for value as prices, landings increased — After dire forecasts, an unexpected surprise Portland Museum of Art plans major expansion, $85M capital campaign — A vote of confidence for Portland's arts district Bath poised to approve extra space for accessory dwelling units — A good sign, as cities scramble to add much-needed housing Bar Harbor inn damaged Thursday is no stranger to fire — It's also familiar with rebuilding Lubec's fishing fleet needs a safe harbor, but bids for creating one were higher than expected — Soaring construction costs continue to be a challenge This Maine ZIP code has the highest share of 'underwater' homes in the US — Amid the housing boom, a challenged market in Augusta F I L E P H O T O / L A U R I E S C H R E I B E R The 2021 lobster catch shattered records with a value of $725 million. N O T E W O R T H Y C E N T R A L & W E S T E R N C E N T R A L & W E S T E R N N O T E W O R T H Y M I D C O A S T & D O W N E A S T M I D C O A S T & D O W N E A S T