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V O L . X X I I N O. I I I F E B R UA R Y 8 , 2 0 1 6 8 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 Portland Press Herald. ImmuCell's proposed facility would produce nisin, an active ingredient in the company's mastitis treatment Mast Out. Barber Foods' parent eyes IPO e owner of the Portland-based food manufacturer Barber Foods said it is exploring whether to become a pub- licly traded company. AdvancePierre Foods, a Cincinnati-based food man- ufacturer and supplier that is backed by the investment fi rm Oaktree Capital Group LLC, approached Barclays Plc, Credit Suisse Group AG and Morgan Stanley to manage a initial public off ering, according to a report by Bloomberg. If the off ering goes through, the value of the com- pany could be as high as $2.5 billion. Bath hardware store has new owner A Bath hardware store has been sold to a family-owned hardware com- pany with locations in four other New England states. Rogers Ace Hardware, which dates to 1872 and has operated out of 55 Congress Ave. since 1985, was acquired by Springfi eld, Mass.-based Rocky's Ace Hardware owners Rocco, Donna and son Johnny Falcone. e seller was owner-and-operator John Hichborn, according to e Portland Press Herald. Elsewhere, Rocky's Ace Hardware has stores in Massachusetts, Connecticut, New Hampshire and Rhode Island. Rail link added to intermodal network Pan Am Railways inaugurated the expanded container terminal at the Port of Portland with the shipment by train of 15 containers of Poland Spring bottled water, the Kennebec Journal reported. e terminal was modernized and the rail was extended by 1,500 feet, thanks to a $29 million investment of state and federal money. Pan Am trains will carry containers delivered by both truck and by ship. Pan Am Railways is North America's largest regional railroad sys- tem, with routes stretching from Saint John and St. Leonard, New Brunswick, to Rotterdam Junction, N.Y., and Derby, Conn. e railway link is part of a larger working waterfront that includes the International Marine Terminal and facilities operated by the Icelandic shipping company Eimskip. N O T E W O R T H Y S O U T H E R N Good To-Go, a Kittery food manufac- turer of dehydrated gourmet outdoor CONGRATULATIONS PORTLAND For Continued Commitment in Improving Water Quality Contact Nick Sabatine Contact Nick Sabatine at the idea-stage: at the idea-stage: nsabatine@ransomenv.com 207-772-2891 D E V E L O P M E N T D E V E L O P M E N T \ \ D U E D I L I G E N C E D U E D I L I G E N C E \ \ E N V I R O N M E N TA L H E A LT H & S A F E T Y E N V I R O N M E N TA L H E A LT H & S A F E T Y E N V I R O N M E N TA L H E A LT H & S A F E T Y \ \ M U N I C I P A L \ \ U T I L I T Y, E N E R G Y & M A N U F A C T U R I N G Site Planning Site Planning Wastewater Engineering Wastewater Engineering Storm Water Engineering Storm Water Engineering Permitting Permitting Water Supply Engineering Water Supply Engineering GIS Applications GIS Applications Turnkey Brownfield Service Turnkey Brownfield Service Turnkey Brownfield Service Remediation Remediation Funding Assistance Funding Assistance Consulting Engineers and Scientists www.RansomEnv.com Building Maine's Future In project development, you have a lot to keep your eye on. Sometimes it's hard to see the opportunities and the risks clearly. That's where Drummond Woodsum attorneys Ron Ward, John Kaminski, Rick Shinay, Gary Vogel, Ted Kelleher and Lisa Magnacca can help. We use a team approach to bring the most complex development projects to closing in Maine. We provide cost-effective and experienced representation to owners, contractors, investors and and historic tax credit projects. We practice law differently. Since 1965. dwmlaw.com | 800 800 800 800.727.1941 727.1941 727.1941 727.1941 727.1941 727.1941 727.1941 727.1941 727.1941

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