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W W W. M A I N E B I Z . B I Z 5 A U G U S T 1 1 , 2 0 2 5 Copyright 2025. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $84.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email circulation@ mainebiz.biz or call our circulation department at 845- 267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. 3 Viewpoints Editor's letter plus Top 10 30 In Short Newsworthy people and performances 34 The List Maine's largest woman-owned businesses B U S I N E S S M A I N E I N E V E RY I S S U E 6 Made in Maine Sea Bags sets sail with sustainability as a key trait A roundup of Maine's business news 6 Visit DreamFirstCommunity.com TheFirst.com/1-800-564-3195 A lifetime of firsts led you here. First idea, first sale, first stumble. But where others see setbacks, we see steps forward. We see hard work, resilience, persistence. Dreamers, doers, and difference makers. It's why we don't just partner in the success, we partner in the work. Here for Every First. Some banks invest in plans. We invest in people. Jax van der Veen & Evan Hepburn , Owners of Carousel Marina Investing in Maine's Future In celebration of this year's Mainebiz "Women to Watch" honorees, Pierce Atwood is pleased to recognize some of the rm's next generation of accomplished and skilled attorneys. These attorneys help clients navigate complex environmental and land use issues for major real estate developments, provide advice on complicated state and local tax issues, draft and negotiate data-intensive vendor contracts, vigorously defend clients in class actions and commercial litigation, cultivate long-standing relationships with state government o€cials and policy leaders, and so much more. For more than 125 years, Pierce Atwood has built a reputation in Maine as a law rm that attracts and retains superb legal talent. How can we help take your business to the next level? Let us know. We're here to help. Pierce Atwood. There's a reason… Kellie MacDonald BUSINESS IMMIGRATION Christina Berkow BUSINESS LAW, MERGERS & ACQUISITIONS Elizabeth Frazier GOVERNMENT RELATIONS & LOBBYING MERRILL'S WHARF • • COMMERCIAL STREET • PORTLAND, MAINE •- - • PIERCEATWOOD.COM Katie Porter EMPLOYMENT LAW, WORKPLACE INVESTIGATIONS Sara Murphy CLASS ACTION DEFENSE, COMMERCIAL LITIGATION Kasey Boucher Pierter IP, ADVERTISING LAW, TECH TRANSACTIONS Lisa Gilbreath ENERGY, LAND USE, ENVIRONMENTAL Olga Goldberg TAX LAW P H O T O / T I M G R E E N WAY 11 Politics & Co Research labs sound the alarm about possible funding cuts 9 Ask ACE Do we need to update vendor contracts when committing to supply-chain sustainability? 6 9