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W W W. M A I N E B I Z . B I Z 5 F E B R UA R Y 1 9 , 2 0 1 8 Copyright 2018. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $47.95 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. Subscriber list: We make a portion of our subscriber list available to reputable firms for one-time use. If you would prefer that we not include your name, please call Donna Brassard at 207-761-8379 x327 or email her at donnab@mainebiz.biz. 3 Viewpoints Editor's letter plus featured online content 12 Building Business What's under construction 23 On the Record Katie Doherty, CEO of the Kennebec Valley Chamber 24 In Short Newsworthy people and performances 26 The List Largest residential mortgage lenders in Maine B U S I N E S S M A I N E I N E V E RY I S S U E 6 Vets First Choice will build $20M corporate facility in Portland 7 Credits & Debits 8 Hancock Lumber buys Fairfield truss manufacturer 10 Ask ACE What to do when employees miss their deliverable dates 11 Biz Money With strong 2017 behind it, IDEXX raises guidance for '18 A roundup of Maine's business news 6 P H O T O / F R E D J. F I E L D 23 " FAME's support of the Brick South project was decisive in completing the complex financing package that enabled us to turn this historic 35,000-square-foot former engine repair shop into Portland's most dynamic new event venue. FAME's lenders rolled up their sleeves and worked with us as partners. Their combination of vision and steadfastness helped make the project a reality." Chris Thompson & Jed Troubh Thompson's Point Development Co. - Helping Maine Businesses Succeed since 1983 Best Places to Work in Maine 2015, 2016, 2017 1-800-228-3734 • FAMEmaine.com Pierce Atwood Empowers Startups Our Catalyst team provides new clients with an array of FREE services to help get things off the ground. All you pay for are filing fees. A partial list of services includes: • Advice on choice of entity • Stockholders or operating agreement • Development of equity agreement plans • Registration of first trademark We also offer reasonable fixed fees for help with incorporation, financing, and building your team. With more than 125 years of experience, Pierce Atwood understands what it takes to build a solid, sustainable business. Pierce Atwood. There's a reason... M E R R I L L ' S W H A R F • 2 5 4 C O M M E R C I A L S T R E E T • P O R T L A N D , M E 0 4 1 0 1 • 2 0 7 . 7 9 1 . 1 1 0 0 • P I E R C E A T W O O D . C O M