Mainebiz

November 28, 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 2 8 , 2 0 1 6 Bah humbug: Maine slammed again on Forbes list Forbes Magazine's annual "Best States for Business" list came out Nov. 16 and Mainers can again grit their teeth. is year, Maine falls back to the No. 49 position — yes, the second-to-worst ranking — and one notch down from last year's ranking. And what was the only state to place lower in the rankings? West Virginia. e president of the Maine Chamber of Commerce told WGME13 that he disagrees with Forbes' assessment that the state lacking big businesses is a negative, telling the station that it isn't a weakness but a positive. Maine did score well in terms of quality of life, ranking No. 15. N O T E W O R T H Y S T A T E W I D E News Center [WCSH6] in Portland announced that its statewide 2016 Honor Flight Maine telethon accepted donations from individual donors and sponsors totaling $95,939. The money raised will provide at least 138 veterans with an all-expenses-paid trip to Washington, D.C., to visit the memo- rials created in their honor. BIW names new president General Dynamics said Nov. 21 that Frederick J. Harris, president of Bath Iron Works and the NASSCO shipyard in San Diego, will retire at year's end. Eff ective Jan. 1, he will have two successors: Dirk A. Lesko, who has worked at BIW for 26 years, will become president of General Dynamics BIW; Kevin M. Graney will become president of General Dynamics NASSCO, according to a news release. Both will serve as vice presidents of the corporation. "Dirk and Kevin are seasoned leaders with proven track records of managing complex shipbuilding projects and driving continuous improvement at every level of their business," John P. Casey, executive vice president, marine systems, said in a statement. "Both have worked for General Dynamics for more than 20 years and they have the right management and operations experience to ensure these shipyards are positioned for the future." General Dynamics Corp. (NYSE: GD), which is based in Falls Church, Va., operates in four business groups: aerospace, combat systems, information systems and technology and marine systems. It had sales last year of $31.5 billion. CEI secures $80M in New Markets credits e U.S. Department of Treasury allocated $80 million in New S O U T H E R N Maine Oxy announces merger with Presque Isle company — Welding of two successful companies Amtrak Downeaster expands Boston service — All aboard the Brunswick-to-Beantown special Rural development boosted with $80M in New Markets Tax Credits to CEI — Watering the roots of rural development Apple donation will preserve 32,000 acres of Maine forest — Big deal for Reed Forest Deal reached to remove Saccarappa Falls dams in Westbrook — Next chapter: Return of the river herring Head of Governor's Energy Office stepping down — 'Augusta is really broken' New study highlights health disparities in Maine's rural counties — Unhealthy trend Fisheries Commission: New England's shrimp fishery won't reopen in 2017 — Time to start worrying? L/A chamber president resigns over fundraising raffle with AR-15 as prize — Raffle unravels Trump's vow to repeal ACA leaves uncertainty for covered Mainers — Trump's challenge: Craft a better plan Meet Larissa Darcy, Business Banker and Loyal Fan www.bhbt.com • 888-853-7100 Larissa is a huge fan of her favorite sports team. She sticks with them through thick and thin, through good times and bad. Equally loyal to her customers, Larissa finds meaning in helping local businesses grow and succeed, forming lasting personal bonds with individual owners. As a member of Bar Harbor Bank & Trust's business banking team, Larissa is motivated to help you score your next touchdown. Call her today at 207-669-6850. Photo by: Chris Pinchbeck

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