Mainebiz

November 14, 2016

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W W W. M A I N E B I Z . B I Z 7 N OV E M B E R 1 4 , 2 0 1 6 The U.S. Department of Agriculture announced the town of Vassalboro will receive a $2,113,000 water and waste disposal direct loan and a $1.7 million grant and the town of Boothbay Harbor will receive a $450,000 water and waste disposal direct loan and a $150,000 grant. Lease agreement would add student housing at USM e UMaine System board of trustees moved one step closer to off er more student housing to at the University of Southern Maine. If a committee's recommendation is approved by the board of trustees, USM will move forward in an agreement with Blue Vista Capital Management to lease 200 beds at Bayside Apartments, a mile from campus. e two-year lease would have the option for three one-year extensions. It is projected that the cost to students will be at least 30% less than the average monthly rental of a one-bedroom apartment in Portland. " is is a critically important step to meet- ing student needs," USM President Glenn Cummings said in a news release. "We are already over capacity in our residence halls on our Gorham campus and, with our enrollment growing and Portland rents rising, it is essential we off er lower cost aff ord- able housing for both our graduate and undergraduate students." N O T E W O R T H Y S O U T H E R N Chadwick-BaRoss Inc., a multiline heavy equipment dealer in Westbrook, announced it was recently purchased by ISH Capital Inc. for $12.4 million. Manomet's Grocery Stewardship Certifi cation program, based in Brunswick, announced that Hannaford Supermarkets in Scarborough became the fi rst food retail chain nationally to use the program to benchmark its an- nual sustainability progress. In 2015, Hannaford sustainability initiatives saved the company more than $23 million and provided signifi cant, mea- surable benefi ts to the environment. The People's United Community Foundation, the philanthropic arm of People's United Bank in Portland, announced that it awarded $10,000 to Goodwill Industries of Northern New England in Portland, $6,000 to MaineStream Finance in Bangor and $5,000 Portland SCORE. The U.S. Small Business Administra- tion awarded a $145,000 competi- tive state trade expansion program grant to Maine International Trade Center in Portland to support ex- port growth among Maine small businesses. The Bistro opened below Toroso Kitchen & Cocktails in Kennebunk. The establishment will also offer cook- ing classes two times per week. S O U T H E R N UMaine System: Boost in out-of- state enrollment is good news for employers — Changing Maine's demographics MaineHealth wins national award for healthy food choices — Good medicine for everyone How a new wood certified for construction could spruce up the economy — Cashing in on New Deal trees It was a record-breaking cruise season in Portland — Old Port improvements pay off Camden National donates city block to Gardiner Main Street — Bricks-and-mortar di vestment Want to buy a harness track? Scarborough Downs could be yours for $7.5M — One-armed bandits win again With little notice, Pizza Hut in Caribou closes — Time to change the speed dial Verso Paper mill in Jay to lay off 190 — Sadly, a familiar refrain A $350K lobster turf war is being waged in Hancock County's waters — High seas vandalism Maine Military Authority lays off 35 — MBTA bus deal heads south Representing businesses, developers, and individuals including • Residential and Commercial Real Estate • Municipal and Land Use Issues • Business Planning/ Formation • Construction • Banking/Finance • Wealth – Estate Planning and Probate • Litigation • Employment York County's Largest Full-Service Law Firm www.bergenparkinson.com Kennebunk: 207-985-7000 62 Portland Road Kennebunk, ME Saco: 207-283-1000 144 Main Street Saco, ME

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