Mainebiz

May 14, 2018

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W W W. M A I N E B I Z . B I Z 9 M AY 1 4 , 2 0 1 8 Hancock and Newbury streets, a large office building and a four-story garage. N O T E W O R T H Y S O U T H E R N BerryDunn, an accounting and consult- ing firm in Portland, moved its Bangor office to 23 Water St., Suite 101. North Yarmouth Academy said it received a $50,000 grant from the Davis Family Foundation in Yarmouth to support the construction of a $700,000 modern learning commons project on campus. Greater Portland METRO announced it will receive 11 new, 40-foot low-floor buses with modern, friendly features through May. Eight of these buses will support Metro's Transit West expan- sion, set to launch in August, and the other three will replace vehicles that are over 20 years old. Southern Maine Agency on Aging in Scarborough received a $16,000 grant from the Harvard Pilgrim Health Care Foundation to provide monthly care- giver support classes over the next 12 months throughout Cumberland and York counties. Renewal Housing Associates in Portland broke ground on its West End condominium development. The project, called Onejoy, features 12 one-bedroom units that are priced to be affordable to middle-income Portland residents. Ice it! Bakery opened a second loca- tion at 502 Stevens Ave. in Portland. Marc Motors, an auto dealership in Sanford, worked with PATCO, a construction company in Sanford, to design, build, and launch its latest showroom, Marc Motors Autoplex. Dingley Press approved for TIF extension Dingley Press, which last year com- pleted a $20.7 million expansion at its plant in Lisbon, received an extension of its tax increment financing agree- ment. e Times Record reported that the Lisbon Town Council approved a five-year extension of the TIF, first created in December 1993. Dingley Press, the nation's fifth largest catalog printer, last year added a new printing press, co-mailer and manufacturing improvements, helping keep pace with its competition. e expansion enabled Dingley to maintain its workforce of 347 full-time workers. N O T E W O R T H Y C E N T R A L & W E S T E R N Northeast Bancorp, a financial servic- es company and parent of Northeast Bank in Lewiston, reported net income of $3.9 million, or 43 cents per diluted common share, for the quarter ended March 31, compared to net income of $3.5 million, or 39 cents a diluted common share, for comparable quar- ter last year. Net income for the nine months ended March 31 was $11.8 million, or $1.29 per diluted common share, compared to $8.3 million, or 93 cents per diluted common share, for the comparable nine months. The bank's board of directors also recently declared a cash dividend of a penny per share, payable on May 25 to shareholders of record as of May 11. Cigaret Shopper, a tobacco retailer, opened a location at 338 Madison Ave. in Skowhegan. Androscoggin Bank in Lewiston an- nounced its MainStreet Foundation awarded $30,500 to 11 nonprofits over the past six months. Evergreen Subaru in Auburn donated $27,500 to the Trinity Jubilee Center, a day shelter in Lewiston. The funds were gener- ated through Subaru's "Share the Love" campaign. Bricks Coworking & Innovation Space opened a coworking lab in the Hathaway Creative Center located at 10 Water St., Suite 110, in Waterville. Price hits $2,593 a pound for prized baby eels Maine's small-but-lucrative elver fishery is on pace to set a new record. e Ellsworth American reported that, if the current aver- age price per pound of $2,593 holds until the end of the season June 7, the fishery's total value will be $25 M I D C O A S T & D O W N E A S T C E N T R A L & W E S T E R N Spinnaker Trust ...where Women and Leadership go hand in hand Amanda V. Rand, Spinnaker's President and CEO Spinnaker Trust 123 Free Street, Portland 04101

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