Mainebiz

V O L . X X I X N O. X X I I I O C T O B E R 2 , 2 0 2 3 10 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 Travis Mills, former NASCAR driver Austin Theriault and Bar Harbor Bank & Trust announced that $27,200 was raised at this year's Oxford 250 for the Travis Mills Foundation. The Professional Logging Contractors of Maine in Augusta said that its 27th Annual Northern Maine Log A Load for Maine Kids Golf Tournament raised $60,612 for Children's Miracle Network Hospitals in Maine. The Maine Public Utilities Commission in Hallowell approved a settlement in Unitil's distribution rate case that re- duces the rate increase from the initial request by more than $4 million. J.M. Arbour Wealth Management opened a location at 1 Brunswick Ave. in Gardiner. The University of Maine at Augusta and the University of Maine at Farmington announced a collaboration aimed at en- hancing its respective mental health and human services programs and removing barriers for students. The collaboration is being funded by a $285,000 grant from the University of Maine System Talent, Research & Innovation for Maine – Small Campus Initiative using funds allocated to the system from the Maine Jobs and Recovery Plan. Expansion planned at E. Boothbay lab Bigelow Laboratory, the East Boothbay research institute, will break ground Oct. 12 on its $30 mil- lion Center for Ocean Education and Innovation. Bigelow said the 25,000-square-foot center promises to advance its education and "solu- tions-focused" work with teaching labs, research facilities and a 300-seat forum, which will also be a resource for the broader community. e center will "enable new research and education initiatives for the benefit of Maine's residents, ecosystems and economy," Bigelow said. e general contractor is Consigli Construction. e archi- tect is Harriman. Work is expected to be completed in 2025. A key piece of the financing of the center was an $8 million gift from the Harold Alfond Foundation, Maine's largest charitable foundation. Another $12 million was secured by Maine congressional lead- ers. More than $9 million was donated by individuals and institutions. 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 U.S. Sens. Susan Collins and Angus King announced that Jackson Laboratory in Bar Harbor received $480,536 from the National Institutes of Health to fund an innovative re- search project aimed at developing new treatments for Alzheimer's dis- ease and related dementias. Old Town startup to expand An Old Town startup that makes high- tech shipping containers broke ground on a $3.9 million, 15,000-square-foot expansion that could create as many as 80 jobs. Global Secure Shipping said the build-out of its 122 Penny Road facility will increase its capacity for producing the containers to a rate of nearly four per day. Since 2020, Global has been operating in a 17,500-square-foot space and currently has 20 employees. To date, the company has turned out 32 shipping containers for the federal government. Global is a spin-off from the University of Maine and continues to collabo- rate with researchers there. e city of Old Town is funding the expansion, which will be leased to Global Secure Shipping, a UMaine spokesperson told Mainebiz. e expansion, expected to be complete in the second quarter of 2024, comes as Global was recently awarded $3.2 million Department of Homeland Security contract for the construction of 48 secure shipping containers. N O T E W O R T H Y N O R T H E R N & E A S T E R N The Maine Department of Inland Fisheries & Wildlife will create a wildlife management area from the purchase of 6,326 acres of land in Aroostook County for $4.9 million. It bought the land, known as the Reed Deadwater/Juniper Brook property, from the Conservation Fund, a national nonprofit. The acre- age can also be used by hunters, anglers, kayakers, canoers and others. It is adjacent to the 32,400-acre Reed Forest, on the Mattawamkeag River. HAMMONDLUMBER.COM | 1-800-HAMMOND 22 LOCATIONS ACROSS MAINE & NEW HAMPSHIRE AUBURN • BANGOR • BAR HARBOR • BELFAST • BELGRADE • BLUE HILL • BOOTHBAY HARBOR • BRUNSWICK BUCKSPORT • CALAIS • CAMDEN • CHERRYFIELD • DAMARISCOTTA • ELLSWORTH • FAIRFIELD • FARMINGTON GREENVILLE • MACHIAS • PORTLAND • ROCHESTER (NH) • ROCKLAND • SKOWHEGAN THANK YOU TO THE HAMMOND TEAM FOR MAKING US ONE OF THE BEST PLACES TO WORK FOR THREE YEARS IN A ROW! Join Us! TO PURCHA SE VIRTUAL OR IN - PE RSON TICKETS GO TO W W W . F A M B U S I N E S S . O R G Meet Maine's business leaders, learn the extraordinary stories of the award winners and celebrate Maine's family-owned businesses! WHEN: Wednesday, October 18, 2023 5:30-8:30 p.m. WHERE: L.L.Bean, 15 Casco Street Freeport, ME Chase Morrill, Ashley Morrill & Ryan Eldridge Creators of the Kennebec Cabin Company, LLC & Maine Cabin Masters GUEST SPEAKERS: HOST: Amanda Hill Weeknight Anchor NEWS CENTER Maine M I D C O A S T & D O W N E A S T N O R T H E R N & E A S T E R N

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