Mainebiz

W W W. M A I N E B I Z . B I Z 7 D E C E M B E R 1 2 , 2 0 1 6 identifi ed by U.S. Sen. Angus King, a member of the Senate armed ser- vices committee, include funding for shipbuilding at Bath Iron Works and support for military construction proj- ects at Portsmouth Naval Shipyard. It would also include a stipulation that armed forces trainees would be issued U.S.-made sneakers — a clear win for New Balance, which has three manufacturing plants in Maine. FAME nancing boosts Thompson's Point project e Finance Authority of Maine approved a $500,000 direct loan to Forefront Brick South LLC to help fi nance property improvements and working capital related to the rede- velopment of ompson's Point in Portland. Forefront Brick South plans to develop and eventually operate a 35,000-square-foot events center at ompson's Point as part of a com- prehensive $120 million mixed-use development project on the 30-acre waterfront site. is particular project, which helps to rejuvenate a former rail yard, is expected to create 10 jobs. FAME partnered with Portland Development Corp. on the fi nancing. Christopher ompson, a principal with Forefront Partners I LP, said the fi nancing will enable his fi rm to proceed with renovation of the Brick South historic rail b uilding into a multi-use event center. Eaton Peabody's Portland of ce to move e law fi rm Eaton Peabody leased larger space at 100 Middle St. in Portland and plans to move in the fi rst quarter of 2017. For the three years since it entered the Portland market, Eaton Peabody has been based at One Portland Square. e Bangor-based fi rm ranks No. 6 among law Maine law fi rms, based on the number of attorneys in the state, with 51, according to a Mainebiz list published Nov. 14. Eaton Peabody reported that it has seen 300% growth in its Portland offi ce and a 30% growth in its attorney ranks through- out the fi rm, which caused the fi rm to seek larger offi ce space earlier than expected. Formed in 1939, Eaton Peabody also has offi ces in Augusta, Bangor, Brunswick and Ellsworth. Geary sales slip despite brew boom e growth of the craft beer mar- ket has caused a slide in production and sales for D.L. Geary Brewing Co., Portland's fi rst craft brewer, the Morning Sentinel reported. Numbers provided by the state's Bureau of Alcoholic Beverages and Lottery Operations show Geary's made 34.5% less beer in 2015 than in 2011, com- pared with Maine's craft breweries, which produced 113.8% more beer in 2015 than in 2011. e founder, D.L. Geary, said the brewery isn't in S O U T H E R N FAME financing boosts Thompson's Point project — Working capital for ambitious waterfront project Maine tourism in 2016 may top last year's visitors — Main attraction is Maine PUC sets standard electricity rates, for most customers it's good news — Trending in the right direction AMC taps Moosehead region contractors to build new Medawisla Lodge — AMC's Maine Woods Initiative pays big dividends Portland: New office seeks to connect immigrants with employers — Win-win opportunity Developers back out of Aroostook wind deal — Shift in the wind Report: Maine infrastructure needs solutions and investment — Pay now or pay later Electricity Maine faces class- action lawsuit — $35 million question: Will bait-and-switch claims prevail in court? Biddeford: Parking shortage costing jobs — Downtown parking garage would remedy that problem Stein of the times: Geary sales slip in brew boom — A rising tide might have its limits Don't underestimate the impact a properly designed, installed and maintained mechanical system can have on your people and processes. Enjoy longer leases, happier tenants, more productive employees and consistent products. It's worth the investment in the long run. To learn more call 207.883.1473 or email info@aaaenergy.com AAAENERGY.COM Get it done right the rst time HEATING AIR CONDITIONING REFRIGERATION MAINTENANCE DESIGN/BUILD ARCHITECTURE ENGINEERING SUSTAINABLE DESIGN PLANNING INTERIOR DESIGN Mechanics Savings Bank Auburn, Maine © BlindDog Photography AUBURN PORTLAND PORTSMOUTH BOSTON www.harriman.com Find us on

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