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August 22, 2016 EditionEdition

🔒So you’ve set up your ESOP. Now what?

Day 1 after the transition from a private or public company into an Employee Stock Ownership Plan, a company may not seem any different as far as day-to-day operations are concerned, but in the background, it isn't business as usual.

🔒IN SHORT

New hiresFirst National Bank hired Andrew Farrar as assistant branch manager at its Ellsworth branch. Farrar was...

🔒If you’re reading this, you likely have more than one specialty

I had an interesting conversation with another of Portland's new coffee purveyors. Vagabond Coffee is a food truck that frequently occupies a space on Middle Street. The owner, William “Liam” Hardy, bought a 1949 International Harvester van from an old-timer in Pennsylvania. He restored the truck, adding features like hardwood flooring in the truck bed, and then retrofitted it with coffee-making equipment.

🔒Sale of Bangor block a cornerstone of downtown revitalization

“The city is excited to see this piece of the downtown, which has been a little dark, really come alive,” Tanya Emery, Bangor's community and economic development director, told Mainebiz.
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🔒UMaine scientists use tech to see-the-unseen in potential aquaculture sites

Realtors will tell you buying property is all about “location, location, location.” The same is true for finding the best site for aquaculture, though varying conditions largely invisible to the human eye have till now made picking an area largely a trial-and-error process.

🔒On the Record with Carlos Quijano, founder of Coast of Maine Organic Products

An avid gardener and composter, Quijano found himself more and more intrigued with how Maine handled (or didn't handle) waste from various industries — the fisheries, saw mills and blueberry fields.

🔒16-year Penobscot River Restoration Project reaches the finish line

For the first time since the 1800s, nearly 1,000 miles of habitat along the Penobscot River are accessible to Atlantic salmon and 10 other fish species that spend part of their lives at sea but return to fresh water for spawning.

🔒UMaine, Twin Rivers Paper ‘cross-pollinate’ R&D

Twin Rivers Paper Co., a specialty paper company that announced in June it will invest $12 million to upgrade its Madawaska paper mill, is moving its research and development operations from Montreal to Orono.
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🔒Don’t argue semantics: Prepare for changes in fishing, housing

At a recent Pierce Atwood event on the impact of climate change, an attendee posed a common question: whether the term climate change has hurt scientists and others trying to convince the public that ocean waters are warming and thus changing, and that coastal communities are at risk for flooding or disappearing altogether.
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