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W W W. M A I N E B I Z . B I Z 11 N OV E M B E R 3 , 2 0 2 5 building — joins the SpaceTech facility, part of Maine Space Corp., founded in 2022 to advance the state's space economy. East Boothbay nonprofit helping to create new jobs Bigelow Laboratory for Ocean Sciences, an East Boothbay nonprofit research institute focused on global ocean health, has launched a pro- gram called Blue Biotech Innovation Ecosystem that aims to accelerate the translation of marine science into com- mercial opportunity. Partnering with Hatch Blue and regional collaborators, Bigelow's goal is to launch an "innova- tion studio," attract investment and cre- ate jobs by leveraging Maine's experi- ence in life sciences and the blue econ- omy. e goal of the program is to unite entrepreneurs, investors and researchers in the field of blue biotechnology. 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 Warren Construction Group, a general contractor in Topsham specializing in high-end residential, commercial and institutional construction, announced that it officially paid off its Employee Stock Ownership Plan obligations. Bar Harbor Bank & Trust announced a 10-year sponsorship commitment to former NASCAR driver and Maine native Ricky Craven to revitalize the Speedway in Hermon. Bangor YMCA breaks ground e Bangor Region YMCA has officially broken ground on its $57.8 million facility, which is slated to open in August 2027. Of the overall cost, $43.5 million has been raised, both in a quiet phase and in a public campaign, which kicked off in February. e city of Bangor allocated $2 million to the project and Penobscot County used $3 million from the American Rescue Plan Act of 2021 to support the effort. e Y also qualified for $10 million in New Market Tax Credits by meeting certain requirements, including its location in an underprivileged area of the commu- nity. e new Bangor Region YMCA will be a three-story, 82,000-square-foot facility that will include a gymnasium, two swimming pools and extensive pro- gramming for all ages. Katahdin Bankshares posts Q3 earnings Katahdin Bankshares Corp., the parent company of Katahdin Trust Co., posted third-quarter earnings of $2.65 million, or 84 cents per common share. e results represent an increase of $135,000 or 5.3% over the previous quarter, and a 17.4% increase over the third quarter of 2024. Total assets reached $1.09 bil- lion, up $41 million from the same period last year. LaunchPad awards $50K to PFAS lab Katie Richards, CEO of Norridgewock- based Maine Laboratories, a lab that does testing for the presence of PFAS, or so-called forever chemicals, won the top prize in Maine Community Bank's LaunchPad pitch competi- tion. e $50,000 in prize money will fund automated equipment, freeing the team to focus on research, white papers and advanced testing meth- ods. e Emerging Business Award went to Freeport-based Dirigo Sea Farm, which is led by founder Alexa Coulombe McGovern and produces kelp-based bioplastics. 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 Northern Light Eastern Maine Medical Center in Brewer said its annual Champion the Cure Challenge raised $750,000 for lo- cal cancer care through a walk, run, cycle, paddle, horse ride or by virtual participation. Anderson North LLC in Presque Isle introduced Sheltrix, a modular 8-foot by 8-foot A-frame cabin kit designed for off-grid living, survivalists, Airbnb hosts, outdoor property owners and investors seeking durable, portable structures. Loring LiquidCool Data Center LLC and Green 4 Maine LLC, a clean energy and regional redevelopment firm, announced a partnership and launch of Maine's first AI data cen- ter on the Green 4 Maine Campus and Innovation Hub at Loring at the former Loring Air Force Base in Aroostook County. The Loring AI Data Center will be designed around IT hardware furnished by LiquidCool Solutions, a leading innovator in high-efficiency data infrastructure and its patented im- mersion cooling technology. If good fences make good neighbors, think of all the good neighbors we've made since Norris Cianchette bought the company in 1969. In that time, we've installed thousands of miles of beautiful, quality fencing all over Maine. And as a family-owned business, we take pride not only in making—but also being—good neighbors. 2 nd & 3 rd Generation Owners, Rocky & Ryan Cianchette Proud Winner of the 2024 Maine Family Business Maddie Corson Small Business Award Residential | Commercial | Industrial MainLineFence.com | (207) 829-5549 A Family-Owned Fence Company For Three Generations. We're currently booking installations for 2026. Call us if you are ready to make a good neighbor of your own. Timothy Schneider, LEED AP BD+C Founder & Senior Consultant SageStone Consulting tps@sagestoneconsulting.com TEL: 207-317-6220 sagestoneconsulting.com Commercial Construction Consulting Ser vices Owner's Representative Owner's Project Management Supporting real estate owner's projects from inception, planning and design through construction, delivery, operation and beyond. At SageStone Consulting, we don't just manage projects — we build partnerships rooted in trust, teamwork, and results. Our relentless commitment to your goals ensures every decision adds value, every detail drives excellence, and every project exceeds expectations. N O R T H E R N & E A S T E R N