Mainebiz

March 5, 2018

Issue link: https://nebusinessmedia.uberflip.com/i/947889

Contents of this Issue

Navigation

Page 8 of 27

W W W. M A I N E B I Z . B I Z 9 M A R C H 5 , 2 0 1 8 U.S. Rep. Chellie Pingree said that the U.S. Navy awarded Bath Iron Works a $14.95 million contract to create a conceptual design of the FFG(X), a next-generation guided mis- sile frigate. The contract allows the shipbuilder to compete against four other design proposals for the chance to build 20 of the ships. The city of Bath was awarded an $8.8 million federal investment —a $2.3 mil- lion grant and a $6.5 million low-inter- est loan — to upgrade its sewer sys- tem from the USDA Water and Waste Disposal Loans and Grants Program. Camden Dermatology and Mohs Surgery opened at 195 Union St. in Rockport. The medical center is owned by Kerry Lavigne, a board-certifi ed der- matologist with advanced fellowship training specializing in skin cancer, Mohs micrographic surgery and recon- structive surgery. Piscataquis Co. broadband to get $1M upgrade Premium Choice Broadband is nearing the fi nal stages of a $1 mil- lion project to bring high-speed fi ber internet connections to rural Maine. e company stated in a news release that it had installed more than 40 miles of fi ber optic cable connecting Dover-Foxcroft and downtown Monson with what Stay informed, engaged and connected with a print + digital subscription to Mainebiz. You'll receive bi-weekly issues, special publications and full online access! F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 S O U T H E R N M A I N E S O U T H E R N M A I N E S O U T H E R N M A I N E F O C U S F O C U S F O C U S Economy Economy Economy motion motion motion $2.00 $2.00 $2.00 July 10, 2017 July 10, 2017 July 10, 2017 VO L . X X I I I N O. X V VO L . X X I I I N O. X V VO L . X X I I I N O. X V www.mainebiz.biz www.mainebiz.biz www.mainebiz.biz Know Maine Business. Or call: 845.267.3008 Subscribe online: mainebiz.biz/knowmainebiz F O C U S F O C U S F O C U S S O U T H E R N M A I N E S O U T H E R N M A I N E S O U T H E R N M A I N E Southern Maine builds Southern Maine builds Southern Maine builds on diverse industries on diverse industries on diverse industries S O U T H E R N M A I N E S O U T H E R N M A I N E S O U T H E R N M A I N E F O C U S F O C U S F O C U S Economy Economy Economy motion motion motion S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » in in in Economy in Economy Economy Economy in Economy in Economy in Economy Economy Economy in Economy motion in motion motion motion in motion in motion in motion motion motion in motion F U L L C O N T E N T S O N PA G E 4 F O C U S S O U T H E R N M A I N E M U S H RO O M A N D C O N S T R U C T I O N P H O T O S / T I M G R E E N W AY P O R T S M O U T H N AVA L S H I P YA R D P H O T O S / J I M N E U G E R 12 Anchoring Kittery The Portsmouth Naval Shipyard, a major employer in southern Maine, gears up for the future. 16 A real estate surge A shortage of existing homes has contractors scrambling to meet the demand for housing. 19 Ag's next wave? Mushroom growers are cultivating a variety of fungi to keep up with demand from chefs and consumers. Southern Maine builds on diverse industries S O U T H E R N M A I N E F O C U S Economy motion S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » in $2.00 July 10, 2017 VO L . X X I I I N O. X V www.mainebiz.biz F U L L C O N T E N T S O N PA G E 4 F O C U S S O U T H E R N M A I N E M U S H R O O M A N D C O N S T R U C T I O N P H O T O S / T I M G R E E N WAY P O R T S M O U T H N AVA L S H I P YA R D P H O T O S / J I M N E U G E R 12 Anchoring Kittery The Portsmouth Naval Shipyard, a major employer in southern Maine, gears up for the future. 16 A real estate surge A shortage of existing homes has contractors scrambling to meet the demand for housing. 19 Ag's next wave? Mushroom growers are cultivating a variety of fungi to keep up with demand from chefs and consumers. Southern Maine builds on diverse industries S O U T H E R N M A I N E F O C U S Economy motion S O U T H E R N M A I N E F O C U S S TA R T S O N PA G E 1 1 » in $2.00 July 10, 2017 VO L . X X I I I N O. X V www.mainebiz.biz WE'VE GOT MAINE* COVERED ALL DAY AND EVERY DAY *with nightly and weekend routes to New Hampshire and Massachusetts with nightly and weekend routes to New Hampshire and Massachusetts WE WANT TO BE YOUR COURIER! FIRST TIME CUSTOMER? Mention this ad for 50% off of your first pick-up and delivery order. of your first pick-up and delivery order. Service and dispatch: 848-7546 Sales and information: 800-427-7547 UnishipCourier.com Rates as low as $15 for same day pickup/delivery WEX names president of corporate payments B y m a i n e b i z s t a f f W EX Inc., with $1.25 billion in annual sales and a busi- ness built around corporate payment solutions, has named a new president of corporate payments. Jay Dearborn, a two-year veteran of the South Portland company, will oversee WEX's virtual card and other payments solutions. He previously served as WEX's VP of strategy. Dearborn joins an executive team of nine people, led by president and CEO Melissa Smith. Prior to joining WEX, Dearborn was a principal at McKinsey & Co., where he helped private and public organizations set their strategic direction, including technology deployment and process redesign to support long-term growth, according to WEX. Prior to that, at American Express, he was responsible for elements of the merchant marketing organization and corporate strategic planning. Dearborn holds an MBA and a bachelor's degree from the University of Pennsylvania's Wharton School. He also has a master's degree in law and diplomacy from Tufts University's Fletcher School. He is active with FocusMaine, Junior Achievement of Maine and the United Way. Advice to his younger self In a Q&A posted on the WEX website, Dearborn offers some hard-earned knowledge that might apply to anyone on a corporate career track: "Probably the most salient piece of advice and the one that I always harp on when I talk with young people is to seek out those leaders whom you want to emulate and learn as much as you can from them. Learn how they think, learn how they see the world, and where they see opportunities and risks. Learn to analyze the way that they analyze the world. Learn to make relationships in the way that they make relationships, and then seek to emulate that as your career progresses. And on that concept of apprenticeship, it's not just about fi nding one or two mentors. It's about fi nding 10 to 20 so that you get the breadth of different approaches. You learn so much more quickly if you fi nd people you want to emulate and then you work really closely with them. "One other thing, too: Don't let your profession become a slog. When you fi gure out how to make it fun and you work with great people and you laugh deeply and you wake up in the morning excited to go to work, you tend to unlock opportunity, both within the teams that you work with and with customers and clients. So have fun. Keep a buoyant attitude." B I Z M O N E Y P H O T O / C O U R T E S Y O F W E X I N C . Jay Dearborn of has been promoted to president of corporate payments at South Portland-based WEX Inc., which had sales of $1.25 billion last year. N O R T H E R N & E A S T E R N

Articles in this issue

Links on this page

Archives of this issue

view archives of Mainebiz - March 5, 2018