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July 25, 2016

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V O L . X X I I N O. X V I I J U LY 2 5 , 2 0 1 6 6 Venture capital spread over more deals in Q1 Venture capitalists, primarily the Maine Venture Fund, put a total of $3,392,000 into fi ve deals, compared to $3,838,000 in three deals in the fi rst quarter, according to e MoneyTree Report released July 15 by PriceWaterhouseCoopers and the National Venture Capital Association based on data from omson Reuters. " is is one of the biggest quarters we've seen in Maine in terms of the number of the deals in recent quarters," Tom Ciccolella of PwC told Mainebiz. He added that Maine typically has from one to three deals in a quarter, but since the numbers are so low compared to other states it's diffi cult to extrapolate trends. e second quarter deals were: Maine Craft Distilling LLC, Portland, a $1,144,000 expansion deal funded by the Maine Venture Fund and an undisclosed fi rm; Mingle Analytics, South Paris, an $800,000 expansion deal funded by the MVF and an undisclosed fi rm; Pika Energy, Westbrook, a $641,000 expan- sion deal funded by CEI Ventures and an undisclosed fi rm; Ocean Approved, Portland, a $500,000 early-stage deal funded by MVF and an undisclosed fi rm; and Orono Spectral Solutions, Bangor, a $307,000 later-stage deal funded by MVF and an undisclosed fi rm. N O T E W O R T H Y S T A T E W I D E USDA Rural Development announced that 13 Maine businesses and farms B U S I N E S S M A I N E Business news from around the state S T A T E W I D E No more for a spot searching per day $10 open 4:30Am to 1Am or later. Drive 100 yards past baggage claim, look for our green sign. www.parknjetportland.com 747-5650 Valet parking At the Airport Get engaged, inspired and connected with a print + digital subscription to Mainebiz. You'll receive bi-weekly issues, special publications and full online access! T H E L I S T T H E L I S T T H E L I S T S TA R T I N G O N P A G E 12 S TA R T I N G O N P A G E 12 S TA R T I N G O N P A G E 12 REAL ESTATE / REAL ESTATE / REAL ESTATE / CONSTRUCTION / DESIGN CONSTRUCTION / DESIGN CONSTRUCTION / DESIGN c a r t h y a r t h y a r t h y High-profile projects spark High-profile projects spark High-profile projects spark public debate over city's public debate over city's public debate over city's accelerating 'growth' accelerating 'growth' accelerating 'growth' $2.00 $2.00 $2.00 February 8, 2016 February 8, 2016 February 8, 2016 VO L . X X I I N O. I I I VO L . X X I I N O. I I I VO L . X X I I N O. I I I www.mainebiz.biz www.mainebiz.biz www.mainebiz.biz Know Maine Business. Or call: 845.267.3008 Subscribe online: mainebiz.biz/knowmainebiz F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 » M O R E I N S I D E M O R E I N S I D E M O R E I N S I D E B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y J a m e s B y J a m e s B y J a m e s m c c High-profile projects spark High-profile projects spark High-profile projects spark public debate over city's public debate over city's public debate over city's accelerating 'growth' accelerating 'growth' accelerating 'growth' co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of co-owner of 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will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be 139-unit apartment building at 667 Congress St. will be "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. 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"successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. 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"successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. "successful" and add vibrancy to Longfellow Square. Know Maine Business Maker of wire mesh used in lobster traps expanding workforce and round-the-clock manufacturing Northbridge, MASS. — From an old mill building that sits on the Blackstone River in Northbridge, Mass., a product is manufactured that is used in 80% of all lobster traps in the United States. Riverdale Mills Corp. is housed in a 400,000-square-foot building where it manufactures wire mesh for aquaculture, farming, poultry, construction and security. In 1980, the com- pany's founder James Knott Sr. invented Aquamesh, a light, fl exible, corrosion-resistant wire mesh geared towards lobster- trap manufacturers, putting Riverdale Mills and Northbridge on the map as one of the world's leading wire mesh producers and the driving force behind aquaculture trapping. The modern day lobster trap, which uses wire mesh instead of the traditional wood, was said to be ushered in in 1980, when the fi rst shipment of Aquamesh was sent to Maine. Today, 80% of lobster traps in the United States are made using Aquamesh. Riverdale Mills also supplies fencing at embassies, military bases and borders. Growth in the aquaculture and security spaces especially led the company's current CEO James Knott Jr., son of James Knott Sr., to elect to keep the facility up and run- ning 24 hours a day, seven days a week as of March of this year. Riverdale Mills employs 150 people and is looking to hire 20 more. "We've made a concerted effort to get as competitive as possible. We have tough com- petition globally," said Knott Jr. Though many New England foodies are usu- ally in search of a fresh, delicious lobster around this time of year, Riverdale's presence in several different markets keeps business afl oat year- round even after they've sold their mesh to trap makers for the season, Knott said. Aquamesh is in high demand due to the boom- ing global aquaculture market. A 2015 study from Grand View Research Inc. predicted the global market for aquaculture will reach $202.96 billion by 2020, growing at a compound annual growth rate of 2% between 2014 and 2020. The company saw a 45% increase in Aquamesh sales for lobster traps alone between 2014 and 2015. Knott said that is because of the price and demand for lobster around the world — China alone imports 60 million lobsters a year — along with the booming oyster industry. — L a u r a F i n a l d i . W o r c e s t e r B u s i n e s s J o u r n a l P H O T O / L A U R A F I N A L D I James Knott Jr. is CEO of Riverdale Mills Corp., which produces Aquamesh, a corrosion-resistant wire mesh used in 80% of the lobster traps produced in the United States.

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