Mainebiz

May 28, 2018

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V O L . X X I V N O. X I M AY 2 8 , 2 0 1 8 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Court dismisses lawsuit over Poland Spring labeling Nestlé Waters North America announced that a federal court has granted its motion to dismiss a class- action lawsuit by 11 individuals alleging its Poland Spring Water Co.'s water collection sites in Maine are not from spring water. e 325-page lawsuit, fi led in August 2017 in the U.S. District Court for the District of Connecticut, alleged the labeling of Poland Spring Brand 100% Natural Spring Water was deceptive. Poland Spring is owned by Nestlé Waters NA, which has its U.S. headquarters in Stamford, Conn. Lewiston call center rm acquired ITC Capital Partners, a Georgia invest- ment fi rm, acquired Argo Contact Centers in Lewiston for an undis- closed price. e Lewiston Sun Journal reported that Argo founder and CEO Jason Levesque announced the sale on May 15. Argo's 300 employees, including 200 in Lewiston, will retain their jobs under the new ownership. Levesque, who was elected as mayor of Auburn last fall, retained the Argo call center's headquarters in the former McCrory's department store at Lisbon St. in Lewiston, the newspaper reported. He told the Sun Journal that ITC Capital has entered into a long-term lease to keep Argo in that building and that the call center's second location in Pittsfi eld also is leased to Argo. "I realized back in early 2017 that in order for the company to continue to grow, we needed two things: capital and additional brain- power," Levesque told the Sun Journal. N O T E W O R T H Y C E N T R A L & W E S T E R N Fueled by Nutrition, a shop that serves healthy protein shakes and energizing teas, opened at 675 Main St., suite 13 in the Marketplace Mall in Lewiston. Good Shepherd Food Bank, a hunger relief organization in Auburn, broke ground on its Hampden Distribution Center located at 11 Penobscot Meadow Drive in Hampden. Once com- plete, the center will benefi t 74,000 food-insecure Mainers in central, north- ern and eastern Maine and will allow the organization to distribute up to 10 million additional meals annually. We live and work here, so we understand the unique needs of our community and your business. We take the time to get to know you because building relationships is a key to success. That's why so many of our business clients also consider us their friends. If you're looking for a dedicated banker who genuinely cares about your fi nancial well-being, we should talk. We're in the business of helping local businesses succeed. AUBURN • BRUNSWICK • LEWISTON • WINDHAM 207.786.5700 or Toll-Free 1.800.325.7553 MechanicsSavings.com Commercial Lending + Cash Management Team: Left to Right: Kristina Cote, Ray Teixeira, JoAnne Campbell, Jeffrey Gosselin, Justin Laverriere, Ed Powell and Pamela Reynolds. C E N T R A L & W E S T E R N

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