Mainebiz

V O L . X X I I N O. X I X A U G U S T 2 2 , 2 0 1 6 6 FairPoint expands with Maine acquisition FairPoint Communications Inc. acquired Falmouth-based Communication Technology Inc. for an undisclosed amount. e deal closed July 29. Frank Culkin, vice president of sales operations and general manager of alter- nate channels for FairPoint, told Mainebiz that FairPoint will retain CTI's 30 employees, including CTI president Sandi Pasalic, and its offi ces in Falmouth and Bangor. CTI services include data network- ing, cabling infrastructure, voice over internet protocol (VoIP) tele- phone and integration of a busi- ness's various communication chan- nels. e deal expands FairPoint's ability to provide "end-to-end solu- tions" to both companies' custom- ers, Culkin said. FairPoint (Nasdaq: FRP), which is based in Charlotte, N.C., had revenue of $859 million in 2015, a decline from $901 million a year earlier. 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 Bangor Daily News 1955 Hope House 2015 Constructors - Since 1952 NICKERSON & O'DAY, INC. www.nickoday.com 207-989-7400 35 Airport Road Brewer, Maine 04412 www.nickoday.com 207-989-7400 35 Airport Road Brewer, Maine 04412 Building the Greater Bangor Region... ...for over 60 years 866.736.2804 mainebls.com EQUIPMENT EQUIPMENT EQUIPMENT | REAL ESTATE BUSINESS ACQUISITION Lucas Morris Bangor and Northern Maine Dave McElwain Southern Maine Will Hatt Chief Operating Officer Al Moroney Midcoast Maine In Lending, People Make the Difference. Loans from $50,000 to $20,000,000 Streamlined processes get the deal done quickly Exceptional service and communication Donors stepping in to help York County Community College expansion w e l l s — York County Community College has received a key donation toward its planned expansion. Saco & Biddeford Savings committed $100,000 to the college's capital campaign, CEO Kevin Savage said. YCCC, which opened in 1995 and is based in Wells, has outgrown its principal home, a 78,000-square-foot building. When its current building opened in 2001, YCCC had 700 students; it now has more than 1,750. To accommodate the growth, it is building an $8.4 mil- lion, 18,000-square-foot building that will have eight modern classrooms, a 140-seat lecture-and-performance hall, labs for developmental mathematics and English and study areas for both groups and individuals. Some space will be fl exible, allowing classrooms to change size and also to provide space for events. Barbara Finkelstein, who is in her third year as president of YCCC, told Mainebiz that the space crunch has restricted the college's growth. "It really hurt us in terms of being able to offer certain programs. The current building was designed for 1,100 stu- dents and at last count we were at 1,758," said Finkelstein. "It's been tight, especially in the area of meeting space. It breaks my heart when I see students who are having to sit on the fl oor in the halls." The college has helped train the workforce for area busi- nesses, many of which have responded by donating to the capital campaign. "YCCC is an important part of our communities, helping to give educational opportunities to thousands of students in a wide variety of fi elds," Savage said. "We have been a supporter since YCCC's inception and continue to be a proud partner." Biddeford Savings Bank recently contributed $25,000, but other companies have stepped up as well. "We are grateful to the business community and the foundations" that have donated, said Finkelstein. To pay for the building, the YCCC Foundation and Foundation for Maine's Community Colleges have raised $2.8 million (of a $4.2 million goal). Along with a $3.4 mil- lion bond from the state, there is $6.2 million committed toward the $8.4 million needed. Construction is already under way. It's expected to be ready by fall 2017. — P e t e r V a n A l l e n R E N D E R I N G / C O U R T E S Y O F Y O R K C O U N T Y C O M M U N I T Y C O L L E G E YCCC is expanding with an $8.4 million building that will include eight classrooms, a 140-seat lecture-and-performance hall, labs and fl exible space for meetings.

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