Mainebiz

W W W. M A I N E B I Z . B I Z 7 JA N UA R Y 1 1 , 2 0 1 6 on achievement of certain strate- gic initiatives and fi nancial results. e transaction is expected to close in early 2016, subject to customary closing conditions, including regula- tory approval. Founded in 1985, PTC employs approximately 6,000 people serving more than 26,000 businesses worldwide. Founded in 1995, Kepware has 85 employees and customers in 120 countries. Florida fi rm hired to operate Casco Bay Bridge e Maine Department of Transpor- tation says it awarded a fi ve-year, $3.8 million contract to Miami-based FDI Services Inc. to operate and maintain the Casco Bay Bridge. It would be the fi rst time the state has privatized operation of a bridge. e Portland Press Herald reported that the change won't aff ect the cost of operating the bridge, which is crossed by 30,000 to 35,000 vehicles a day. e full transi- tion to the private contract is expected to be completed by late February or early March 2016. Munjoy Hill condos will be aimed at middle-income buyers e city of Portland is working with a developer to build an eight-unit condominium building on Munjoy Hill priced far below market rate for the neighborhood. e Portland Press Herald reported that the three-story building planned for 65 Munjoy St. will include two three-bedroom units, two two-bedroom units and four one-bedroom units. While condos on Munjoy have sold for more than $600,000, the units of planned condo building will be priced between $235,000 and $300,000, the developer, Peter Bass, told the Press Herald. USM digitizing library's globe collection e University of Southern Maine's Osher Map Library is undertaking a multi-year project to digitize 24 of its nearly 300 globes, some of which have been hidden from public view for hundreds of years. e Portland Press Herald reported that the library's 294- globe collection is the second-largest public collection of globes in the United States, second only to the Library of Congress' collection. Eventually, the map library in Portland would like to digi- tize its entire collection. e project to digitize 24 of the globes is being funded with a $500,000 grant from the National Endowment for the Humanities, according to the Press Herald. N O T E W O R T H Y S O U T H E R N As part of a previously announced suc- cession plan, Carl Chatto has offi cially succeeded longtime leader and found- ing member Eleanor "Ellie" Baker as managing principal at the accounting fi rm Baker Newman Noyes. Avesta Housing in Portland was awarded a $100,000 affordable-hous- ing grant through the TD Charitable Foundation's Housing for Everyone grant competition. The grant will be used to provide funding for reha- bilitation and new construction of Blackstone Apartments in Falmouth. Boothbay-built yacht first Maine boat to win major Australian race — Downeast dominates Down Under Maine firm reaches quarter of households in state with wireless broadband — High speed ahead! State program uses bank tellers to target financial abuse of Maine seniors — Front-line defenders Skowhegan Main Street expands beyond downtown — Economic ripple effect Sugarloaf's King Pine lift back in business after last year's accident — King of the mountain again Maine's population loses ground to N.H. — We demand a recount Maine construction jobs fell slightly in November compared to prior year — Simple answer: Spend more on infrastructure Warmer temperatures mean less Maine scallop fishing — Lots of lobsters, though Outdoor retailers in Maine report slower sales due to warm temperatures — Hard to skate on open water New Maine tax rules favor bagels over doughnuts — Sweet deal for doughnut lovers

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