Jean Hoffman, president and CEO of Putney

ON THE COVER

A growing cluster of companies caring for your pet’s health eyes a $51B market

Whit Richardson | March 5, 2012 08:01 am

The country's economy has been in a recession for the last several years, but you wouldn't know it by looking at the amount of money people are spending on their pets.

FEATURES

Patrick Roche expects his new coworking space at 533 Congress St. in Portland will be a hub for small businesses and freelancers

Gains in coworking space mixed

Sara Anne Donnelly | March 5, 2012 08:02 am

It's been roughly a year since two coworking spaces brought the global shared-office trend to Portland. Their success here has been mixed. The larger of the two spaces, PelotonLabs, a...

Lisa Martin, executive director of the Manufacturers Association of Maine, says work force is key to growing manufacturing in Maine

The national spotlight shines on revived manufacturing

Carol Coultas | March 5, 2012 08:04 am

Manufacturing has been getting a lot of national attention since President Obama's State of the Union address where he spoke of insourcing and establishing tax policies to reward domestic...

Focus on Technology

Charles “Wick” Johnson, president of Kennebec Technologies, expects his company to benefit from increased efforts to bring manufacturing back to the United States

New markets drive growth at Kennebec Technologies

Douglas Rooks | March 5, 2012 08:03 am

Charles "Wick" Johnson examines some stainless steel castings in the production area at Kennebec Technologies, a 30-year-old...

Efforts under way to revive Maine's tech community

March 5, 2012 08:06 am

It's been about six months since TechMaine, a statewide association for technology companies, disbanded, citing shrinking membership and...

Function, results and prices play into a business’ decision to invest in an app

Matt Dodge | March 5, 2012 08:06 am 1

Any company looking to establish a strong web presence can easily find itself caught in an arms race of technology innovations. As of...

Columns

Pay increases need a focus and purpose

BY Alison Hinson

The economy looks like it is slowly but surely trending in the right direction. After years of reining in expenses, including employee...

Budget burdens

BY Mal Leary

$100M more in Medicaid cuts eyed

Lists

Maine's largest nonprofit organizations

Ranked by 2011 assets (1)

Rank	Nonprofit, location	Assets/Liabilities
1	Bowdoin College, Brunswick	$1,294,173,000/$203,029,000
2	Maine Medical Center, Portland	$1,098,704,079/$515,082,782
3	Colby College, Waterville	$1,050,624,000/$131,831,000
4	Eastern Maine Medical Center (2), Bangor	$459,472,780/$220,225,914

Source: Guidestar, a 501(3)c that collects and presents 990 forms for IRS-registered nonprofits./Compiled by Roger Magnus. (1) Given the various timing of organizations' fiscal years, 2011 figures are the most recent available for comparison. (2) Although Eastern Maine Medical Center and Eastern Maine Healthcare Systems are related, they each have separate employer identification numbers and file individual tax returns

Maine's largest hotels

Ranked by number of guest rooms as of May 2013

Rank	Hotel, location	Guest rooms/Conference rooms
1	Westin Portland Harborview Hotel (1), Portland	289/8
2	Harborside Hotel, Spa & Marina, Bar Harbor	285/5
3	Bar Harbor Regency Holiday Inn, Bar Harbor	280/4
4	The Anchorage by the Sea, Ogunquit	241/1

(1) Formerly Eastland Park Hotel, re-opening December 2013. Source: Each hotel/Compiled by Roger Magnus and Heide Martin.

Maine's highest-paid public company executives

Ranked by total annual compensation, 2012

Rank	Executive, location	Total annual compensation (1)/Organization's revenue (in millions)
1	Jonathan Ayers, president/CEO Idexx Laboratories Inc., Westbrook	$3,824,198/$1,293.3
2	Michael Dubyak, president/CEO WEX Inc.(2), South Portland	$1,945,545/$623.2
3	Jay Mazelsky, executive vice president Idexx Laboratories Inc, Westbrook	$1,333,386/$1,293.3
4	Michael Williams, executive vice president Idexx Laboratories Inc., Westbrook	$1,134,498/$1,293.3

(1) Total annual compensation includes salary, bonus and other annual compensation, but not long-term compensation. (2) Formerly Wright Express Corp. On May 1, 2013, Melissa Smith assumed the position of president as part of a leadership succession plan that will culminate in her taking on the additional role of CEO of WEX Inc. on Jan. 1, 2014. Michael Dubyak will remain chairman and CEO of WEX Inc. during the transition period, and will assume the newly created role of executive chairman of the board on Jan. 1, 2014.

Source: U.S. Securities & Exchange Commission company Proxy Statements (14A); each company's financial statements./Compiled by Roger Magnus.

Maine's largest commercial property sales

Ranked by sale price, 2012

Rank	Property, location	Sale Price/Square footage
1	56 Milliken St., Portland	$6,457,000/200,625
2	125 Industrial Way, Portland	$5,800,000/100,000
3	1 Wallace Ave., South Portland	$5,500,000/100,000
4	638 Congress St., Portland	$4,509,000/133,424