Mainebiz

May 14, 2018

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V O L . X X I V N O. X M AY 1 4 , 2 0 1 8 30 T H E L I S T C O M P I L E D B Y S T E P H A N I E R . M E A G H E R **Requires a minimum opening balance of $25. Annual Percentage Yield (APY) on balances between $0 and $4,999.99 is 0.01% APY; on balances between $5,000 and $24,999.99 is 0.20% APY; on balances between $25,000 and $49,999.99 is 0.30% APY; on balances between $50,000 and $74,999.99; 0.50% APY; on balances between$75,000 and $99,999.99 is 0.60% APY; on balances of $100,000 or more is 1.10% APY. A $10 per month fee is charged with account balances fall below $5,000. Rates are valid as of 3/14/18. Interest rate and APY are subject to change without notice. Fees may reduce account earnings. Up to 6 electronic withdrawals and checks per calendar month can be made from your account. Withdrawals or transfers made in person, at the Bank, or at an ATM, as well as all deposits, are unlimited. MONEY MARKET ACCOUNT 1.10%APY ** 0.60%APY ** 0.50%APY ** 0.30%APY ** on balances $100,000.00 or more on balances $75,000.00-$99,999.99 on balances $50,000.00-$74,999.99 on balances $25,000.00-$49,999.99 Patience isn't always a virtue, why wait for your rate to mature? Take full advantage of your savings—and a great rate at the same time With our money market account, you'll benefit from a market-leading rate with the flexibility to access your cash whenever you need it... on unexpected or anticipated expenses—or even a new look. 800-966-9172 • androscogginbank.com/earnmore 1 Reached 100% employee-owned in 2004. N O T E S : Portland's Pro Search Inc. has 600 temporary and contract employees eligible to participate in the ESOP on a vesting schedule. N/A = not available. S O U R C E : Each company via survey, The ESOP Association and Maine Employee Ownership Network Purchase this list and more as a PDF or Excel document at mainebiz.biz/DataCenter @ Maine's largest employee-owned businesses Ranked by number of Maine employees Maine's largest employee-owned businesses Ranked by number of Maine employees No. of Maine employees/ % employee-owned 2017 revenue (in millions) Description Top executive Year founded/ ESOP founded 1 The Cianbro Cos. 101 Cianbro Square, P.O. Box 1000, Pittsfield 04967 487-3311, cianbro.com 994 100% $873 Construction services, self-performing civil, structural, mechanical, electrical, instrumentation, fabrication and coating Peter "Andi" Vigue 1949 1979 1 2 Sargent Corp. 378 Bennoch Road, Stillwater 04489 827-4435, sargent-corp.com 350 100% $103 Construction Herbert R. Sargent 1926 2013 3 Johnson & Jordan Inc. 18 Mussey Road, Scarborough 04074 883-8345, johnsonandjordan.net 235 100% $50 Mechanical contractor Christopher Jordan 1991 2016 4 Reed & Reed Inc. 275 River Road, Woolwich 04579 443-9747, reed-reed.com 230 100% $87 Heavy civil construction Jackson A. Parker 1928 2016 5 Johnny's Selected Seeds 955 Benton Ave., Winslow 04901 861-3900, johnnyseeds.com 200 100% N/A Retail seed and accessories business David Mehlhorn 1974 2006 6 Lanco Integrated 12 Thomas Drive, Westbrook 04092 773-2060, lanco.net 195 100% N/A Design and manufacture of custom automated assembly equipment Edward Karabec 1984 2008 7 Moody's Coworker Owned Inc. 200 Narragansett St., Gorham 04038 839-2500, moodyscollision.com 184 34% N/A State-of-the-art collision repair facility with multiple locations in Maine Shawn Moody Thad Moody 1977 2003 8 Daigle Oil Co. P.O. Box 328, Fort Kent 04743 834-5027, daigleoil.com 175 100% N/A Energy and home-comfort company specializing in heating, cooling and alternative energy products Rick Daigle 1955 2015 9 Dennis Paper & Food Service 101 Mecaw Road, Hampden 04444 947-0321, dennisexpress.com 160 100% $94 Food services distributor Ron Dennis 1908 2015 10 Systems Engineering Inc. 120 Exchange St., Portland 04101 888-624-6737, syseng.com 150 100% $35 IT strategy and managed services provider serving over 500 legal, health care, financial services and government clients nationwide Matt McGrath 1988 2008 1 Reached 100% employee-owned in 2004. Portland's Pro Search Inc. has 600 temporary and contract employees eligible to participate in the ESOP on a vesting schedule. N/A = not available. This list was compiled by Stephanie R. Meagher and published in the May 14, 2018 issue of Mainebiz. SOURCE: Each company via survey, The ESOP Association and Maine Employee Ownership Network

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