Mainebiz

W W W. M A I N E B I Z . B I Z 19 O C T O B E R 1 9 , 2 0 1 5 Smith & Wesson is a Pine Tree Development Zone company, which according to a Maine Revenue Service 2010 report created 34 jobs. Most of the employees have never had experience in metal-working, says Allen, so Smith & Wesson trains them. "Within 30 to 40 days they can do the job. We don't have a lot of turnover. Some employees have been here 40 years." Allen adds that the company gives local residents an option for work. "Some guys here are used to working in the woods," he says. "It's cold, and there are black fl ies and mud. Here, they don't have to wear three layers of clothing." L V, Mainebiz senior writer, can be reached a t @ . a n d @ LV Our clients rely on our understanding of the unique dynamics in family-owned businesses. As your business changes and your family grows we put our experience and resources to work on your behalf to help build your legacy today and preserve it for tomorrow. What is your legacy? Family Wealth Management Partners As a firm providing wealth management services to clients, we offer both investment advisory and brokerage services. These services are separate and distinct, differ in material ways and are governed by different laws and separate contracts. For more information on the distinctions between our brokerage and investment advisory services, please speak with your Financial Advisor or visit our website at ubs.com/workingwithus. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP ® and Certified finanCial Planner TM in the U.S. ©UBS 2015. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC. 7.00_Ad_7x4.5_MH0408_TenS ubs.com/team/fwmp Steven E. Tenney, CPM ® Joseph W. Powers, CFP ® , CLU ® Senior Vice President– Senior Vice President– Wealth Management Wealth Management Helen Andreoli Jack Piper Vice President– Financial Advisor Wealth Management UBS Financial Services Inc. One City Center, 7th Floor, Portland, ME 04101 866-791-5512 Our clients rely on our understanding of the unique dynamics in family-owned businesses. As your business changes and your family grows we put our experience and resources to work on your behalf to help build your legacy today and preserve it for tomorrow. What is your legacy? Family Wealth Management Partners As a firm providing wealth management services to clients, we offer both investment advisory and brokerage services. These services are separate and distinct, differ in material ways and are governed by different laws and separate contracts. For more information on the distinctions between our brokerage and investment advisory services, please speak with your Financial Advisor or visit our website at ubs.com/workingwithus. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP ® and Certified finanCial Planner TM in the U.S. ©UBS 2015. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC. 7.00_Ad_7x4.5_MH0408_TenS ubs.com/team/fwmp Steven E. Tenney, CPM ® Joseph W. Powers, CFP ® , CLU ® Senior Vice President– Senior Vice President– Wealth Management Wealth Management Helen Andreoli Jack Piper Vice President– Financial Advisor Wealth Management UBS Financial Services Inc. One City Center, 7th Floor, Portland, ME 04101 866-791-5512 P H O T O / DAV E C L O U G H We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern We're an oddity in northern Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of Maine with this type of manufacturing ... but in the last 40 years we've shown you can do high-precision machining and manufacturing not unlike what is being done in southern New England. And we do it cost-competitively. — Scott Allen, plant manager Smith & Wesson makes millions of handcuffs.

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