Mainebiz

V O L . X X I I N O. X X V I N OV E M B E R 1 4 , 2 0 1 6 10 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 that the project would grow from a small, temporary project demonstra- tion into a 12-megawatt off shore wind operation. Dow added that he and several other residents believe that the construction of the project's 600-foot turbines would hurt the community's tourism economy and should be moved. "We have a solid tourism industry," Dow told Maine Public. "It carries this town. ere's no question that we're a huge bird migrating stop. It's probably the most important stop on the North Atlantic fl yway for migrating birds. It's not the right site. Maine has 230 miles of coastal waters and 3,000 miles of coastline. ere's got to be a better place than right next to Monhegan Island." e Aqua Ventus off shore wind project is led by a University of Maine-led consortium that includes Cianbro Corp. and Emera Maine. N O T E W O R T H Y M I D C O A S T & D O W N E A S T Caribou Biosciences Inc. in Berkeley, Calif., and The Jackson Laboratory in Bar Harbor announced an agree- ment whereby Caribou has granted The Jackson Laboratory non-exclusive worldwide rights to use its CRISPR- Cas9 intellectual property, technology that accurately targets and cuts DNA to produce precise and controllable changes to the genome, to create genetically engineered mice for re- search purposes. Deer Isle Press LLC in Deer Isle an- nounced the release of Senior Hiker Magazine, a new publication by and for avid hikers over the age of 50. Bar Harbor Bankshares, the parent company of Bar Harbor Bank & Trust, announced that for the nine months ended Sept. 30, 2016, the bank reported record net income of $12.3 million, representing an increase of $664,000 or 5.7% from the prior year like period. The bank's diluted earn- ings per share amounted to $2.03 for the nine months ended Sept. 30, 2016, representing an increase of $0.10, or 5.2%, compared with the same period in 2015. Naretiv, a branding, marketing and public relations agency in Rockport, introduced a new brand signature for Maine State Credit Union. Consulting Engineers and Scientists Contact Nick Sabatine at the idea-stage: Contact Nick Sabatine at the idea-stage: nsabatine@ransomenv.com \\ 207-772-2891 \\ www.RansomEnv.com 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 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 Trust our experts to support your projects Due Diligence Site Planning Permitting We are poised to provide opinions in a clear and concise manner Turnkey Brownfield Services Civil Engineering Environmental Modeling Financial Services at a Level That Will Surprise You Two City Center, Portland ME 207-558-6220 Providing wealth management and nancial services for individuals, families, businesses and institutions. portlandtrust.com C M Y CM MY CY CMY K

• Cover