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V O L . X X I N O. V M A R C H 9 , 2 0 1 5 12 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 would operate at gigabit per second. If approved, the town would hire GWI of Biddeford to run the service, the news- paper said. If voters approve the bond on May , the work is to begin in the fall. Co-working space to open in Bar Harbor A new co-working space in Bar Harbor is expected to open in April, giving professionals and small businesses an affordable option for office space. e Mount Desert Islander reported that Anchorspace, which will open on April at Main St., is seeking to raise , for startup costs through crowdfunding website Indiegogo.com. Anchorspace's website said it seeks to provide affordable office space in Bar Harbor where few such options exist. Rates will range from a day to a month. 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 G•O Logic, an architecture and con- struction rm in Belfast, installed its rst panelized building project, a high- performance, super-insulated home in Appleton. The residence marks the rst implementation of company's ad- vanced panelized building system. Ocean Farm Technologies in Morrill merged with OceanSpar in Bainbridge Island, Wash., merged to form InnovaSea Systems Inc. The company is committed to developing the next wave of open-ocean products and servic- es to support the mariculture industry. Curtis Memorial Library in Brunswick was awarded a $92,140 grant from the Financial Industry Regulatory Authority Investor Education Foundation and the American Library Association as part of the nation- wide Smart Investing @Your Library program. The funds will be used to develop a community-wide nancial literacy program focused on helping individuals and families who want to learn simple strategies and skills to achieve better nancial health. Cate Street, GNP owe taxes, seek tax break New Hampshire investment firm Cate Street Capital and two of its corporate entities owe the town of Millinocket . million in late tax payments for its shuttered paper mill there. e Bangor Daily News reported that Cate Street, along with GNP Holdings II and GNP West Inc., owe . million in real estate and personal property taxes for the - fiscal year and , for the previous year. Cate Street formed the two corporate entities when it bought the paper mill in . e mill's papermaking equipment was sold last year. GNP West Inc. has filed a tax abatement for the - fiscal year, seeking a reduction in its real estate and personal property taxes from . million to million. Oakeld wind project wins court's favor A million wind development under construction in Oakfield has fought off a legal challenge after a federal judge ruled in its favor on Feb. . e Bangor Daily News reported that U.S. District Judge Jon Levy denied motions by environmental groups and local opponents of the -turbine wind farm, who argued that mistakes were made when the Army Corps of Engineers approved a federal permit. e wind project is being developed by Evergreen Wind Power II LLC and Maine GenLead LLC, which are both subsidiaries of Boston-based First Wind. 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 S.W. Cole Engineering Inc., a geotechni- cal engineering, construction materials testing and geo-environmental ser- vices rm in Bangor, formed a wholly- owned subsidiary named S.W. Cole Explorations LLC. The new company will support the rm's geotechnical engi- neering and geoenvironmental projects by performing test boring explorations. Husson University in Bangor and Washington County Community College in Calais entered into an agreement that will create a process for the transfer of credits from the col- lege to the university. Pioneer Broadband in Houlton selected NextGen Telecom Services Group Inc. as the prime network infrastructure construction contractor for the construction of its new ber to the home rollout in the northeast sector of Houlton. Jeanne Hulit, President of the Community Banking Division with her commercial team. (L-R) Lucas Takatsu, Daryl Wentworth, Sean Cameron, Gregory Corra, Tim Tower, Tim Michalak, and Jonathan Smith. To learn more visit northeastbank.com/business | SBA Preferred Lender WE OFFER • Business Loans & Lines of Credit • Commercial Real Estate Loans • SBA / USDA Loans • Cash Management Services • Business Online & Mobile Banking Helping Maine Businesses Grow with Customized Solutions... Providing in-depth commercial lending experience with unique expertise in SBA loan programs. Let us be your business banking resource. N O R T H E R N & E A S T E R N

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