Mainebiz

W W W. M A I N E B I Z . B I Z 7 M AY 2 8 , 2 0 1 8 e association has leased the first floor, which will be updated with new paint, flooring, electricity and ADA-compliant bathroom. MCA also plans to use the building's ballroom, library and class- rooms for educational programming and special events. N O T E W O R T H Y S O U T H E R N The LiRo Group, a multidisciplinary architecture, project and construction management, engineering and technol- ogy firm, acquired DiGiorgio Associates Inc. and DAI Inc. (collectively DAI) as well as Monitor Builders Inc. The three acquired companies, with offices in Portland, specialize in the design and construction management of health care-focused facilities. The American Heart Association in Maine announced that Mike Vail, presi- dent of Hannaford Supermarkets, would lead the fundraising efforts for the Southern Maine Heart Walk held May 20 in Portland. Vail and his committee set a goal to raise $415,000 through corporate donations and walk teams. Arkatechture, a technology and data services company in Portland, launched a Loan Analytics Workbench for financial institutions. The applica- tion is designed to quickly identify, quantify and monitor the risks and op- portunities in loan portfolios for banks and credit unions. Diversified Communications, an inter- national media company in Portland, purchased The Running Event and its complementary digital magazine, Running Insight, from Formula 4 Media LLC. The Running Event is an exhibition and conference that serves the running and fitness market. Freedom Boat Club opened two franchise locations in Maine, at Yarmouth Boat Yard, 72 Lafayette St. in Yarmouth (on the Royal River), and Moose Landing Marina, at 32 Moose Landing Trail in Naples (on Brandy Pond). Members pay a one-time fee and monthly payment for the use of boats, saving the hassle of mainte- nance and other costs associated with boat ownership. Front Street Shipyard begins long- awaited expansion — A business that continues to put the 'work' into Belfast's working waterfront Stonewall Kitchen CEO leaves door ajar for more acquisitions — A well-known brand continues to grow Gov. LePage names 32 'Opportunity Zone' communities — A tax-friendly way to encourage investment Portland live-work development plan unveiled — An innovative idea, allowing for housing and workspace in the same place Maine's largest publicly traded company will invest $62M in expansion — The gift that keeps giving Maine Beer Box will head to England — To the land that originated the IPA Help wanted at Maine's parks and historic sites — With some jobs paying just over minimum wage, there may be some vacant positions this summer Rockland councilors consider limits on cruise ships — Smart planning or a dangerous precedent? EMHS ends partnerships with Portland and Bangor, citing their $1B opioid lawsuit — Another byproduct of an ongoing crisis Portland Science Center ends its run on Portland's waterfront — Lose-lose: Customers said it was too expensive; the owner said it couldn't meet its expenses International student enrollment declining in Maine — With its population unchanged (and aging), this hits Maine where it hurts C R E D I T S & D E B I T S Welcome Francine Cram and Peggy Anderson © 2 0 1 8 M a c h i a s S a v i n g s B a n k . M e m b e r F D I C . Ranked in the top 50 banks to work for by American Banker. Machias Savings Bank welcomes Francine Cram and Peggy Anderson to its team of experienced bankers in the Portland area. To experience Exceptional Banking, call: Francine Cram Senior Vice President Business Banking 2 Union Street, Suite 301 Portland, ME 04101 P: (207) 561-3937 l C: (207) 408-2478 Peggy Anderson Vice President Cash Management Solutions 193 Middle Street Portland, ME 04101 P: (207) 561-3944 or C: (207) 631-1989 Francine Cram Peggy Anderson

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