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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 2 5 , 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. 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 A spicy condiment made on Portland's East End A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 24 3 Viewpoints Editor's letter plus Top 10 8 Building Business High Tide Capital repurposes historic properties for modern housing 24 On the Record Portland nonprofit leader makes a business case for revitalizing city's Arts District 25 In Short Newsworthy people and performances 26 The List Maine's largest business and industrial parks S.W. Cole Engineering wanted to add a new business line which was capital intensive. CFO Jason Richard called Bar Harbor Bank & Trust to finance their new drilling business. With our understanding of the company, we helped them expand into this new line, grow their geographic reach and streamline their cash management. To see this and other success stories, go to www.barharbor.bank/success-stories. Member FDIC Equal Housing Lender Additional terms/fees may apply for some services. All applications subject to approval. Want to grow your business? www.barharbor.bank • 888-853-7100 Over 50 locations across northern New England We can make it happen. Together. Call 207-669-6811 today to connect with our Commercial Banking team. With the bank's help, our growth has been a success. —Jason Richard, CFO, S.W. Cole Engineering Congratulations to these attorneys named a Best Lawyers "Lawyer of the Year," a recognition given to individual attorneys who received the highest overall peer feedback for a specic practice area and geographic region. Pierce Atwood stands out among Maine rms for its broad reach across industries and practices. We're proud that our clients continue to value our integrity, professionalism, and experience. Please visit our website to view all our Best Lawyers honorees, and to learn how we can assist your organization. Pierce Atwood. There's a reason… Merrill's Wharf · 254 Commercial Street · Portland, ME 04101 · 207.791.1100 · PIERCEATWOOD.COM Meet Pierce Atwood's Best Lawyers ® 2026 "Lawyers of the Year" in Maine IN MAINE " LAWYERS OF THE YEAR" 2026 Jared des Rosiers Energy Law, Energy Regulatory Law Nolan Reichl Appellate Practice Barbara Wheaton Trusts & Estates Gavin McCarthy Mass Tort Litigation/ Class Actions – Defendants P H O T O / T I M G R E E N WAY 7 Ask ACE What's the best way to keep business development people on task and on staff? 6