Mainebiz

V O L . X X I I I N O. X X V I I N OV E M B E R 1 3 , 2 0 1 7 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 The conference annually attracts more than 350 tourism industry profession- als from around the state each spring. Nappi Distributors and Central Distributors recently signed an agree- ment to begin distributing Portland- based Lone Pine Brewing Co. beer by early 2018. Lone Pine also announced an agreement to purchase Sebago Brewing Co.'s current 13,000-square- foot brewery in Gorham. The additional brewing equipment, packaging and warehouse space included in the sale will quadruple the capacity of the brew- ery from fi ve barrels to 20 barrels. Sebago plans to move its operations to a new brewing space in Gorham, scheduled to open in mid-February. The annual Triple B – Boots, Band and BBQ raised $165,000 for the Riding To The Top Therapeutic Riding Center in Windham. The U.S. Small Business Administration announced that the Maine Center for Entrepreneurial Development in Portland was one of 20 organizations nationwide to win $50,000 in its fourth Growth Accelerator Fund competition. Millinocket lodge hits market for $2.4 million e 5 Lakes Lodge in Millinocket, with direct views of Mount Katahdin, has been listed for $2.4 million. Jennifer Mitchell with e Swan Agency Sotheby's International Realty is handling the listing for the lodge's found- ers and owners, Debbie and Rick LaVasseur. e lodge, on four acres, is situated on a peninsula with over 1,000 feet of frontage on South Twin Lake and is close to the Appalachian Trail, Baxter State Park and the Katahdin Woods & Waters National Monument. e LaVasseurs operate it as a year- round bed-and-breakfast. In addi- tion to its guest rooms, it has own- er's quarters and public spaces in the main lodge, as well as a separate two-bedroom vacation rental in the adjacent Eagle's Nest. According to a press release from the broker, the lodge is zoned for both residen- tial and commercial use, and could continue to operate as a lodging or could make for a private residence or corporate retreat. Rick LaVasseur said it opened in 2004. Bates receives grant to help diversity effort Bates College is part of a con- sortium that received $5.5 million to advance diversity in higher education. e grant, from the Andrew W. Mellon Foundation, will be used as part of the Creating Connections Consortium. Bates is one of the lead institutions, along with Middlebury College, Connecticut College and Williams College, as well as partner research four partner research universities — the University of California at Berkeley, Columbia, the University of Michigan and the University of Chicago. "Just a few years into our association with C3, we're seeing tangible benefi ts from this innovative program," said Bates President Clayton Spencer. "Bates students from underrepresented groups have gotten a taste of graduate-level academics thanks to C3 fellowships." Bates, which is in Lewiston, has 2,000 students and off ers a range of liberal arts and sciences studies. N O T E W O R T H Y C E N T R A L & W E S T E R N The U.S. Health Resources and Services Administration Rural Health Network Development program awarded Maine Quality Counts in Manchester a three-year, $900,000 grant to fundamentally improve health care delivery in rural Maine, New Hampshire and Vermont. The program extends strategic partner- ships across the region to engage primary care providers in virtual learn- ing networks with specialists so that they can treat patients with complex conditions in rural communities, mini- mizing waiting times and travel costs and using a proven 'force multiplier' approach to increase the capacity of primary care. Northeast Bancorp, a fi nancial servic- es company and parent of Northeast Bank in Lewiston, reported net income of $3.8 million, or 42 cents per diluted common share, for the quarter ended Sept. 30, 2017, compared to net in- come of $1.8 million, or 19 cents per diluted common share, for the compa- rable three months a year ago. The Central Maine Community Health Corps in Lewiston received —Michael P. Bourque, President and CEO 21 MILLION REASONS TO CELEBRATE We're busy here at MEMIC getting ready to deliver $21 million in dividend checks to more than 18,000 of our Maine policyholders. It's the result of employers and employees working safely, avoiding injuries and getting injured workers back on the job as quickly as possible. So, if you're a qualified MEMIC policyholder, expect a check in your mailbox or a visit from your trusted insurance agent. Make sure you're choosing MEMIC for workers' compensation— talk to your agent or go to memic.com. WITH MEMIC, SAFETY PAYS DIVIDENDS" C E N T R A L & W E S T E R N

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