ON THE COVER

Battle for beds: Maine's escalating fight for health care dollars

James McCarthy | November 26, 2012 06:00 am

In one corner there's the hospital tag-team of Lewiston-based Central Maine Healthcare and the Parkview Adventist Medical Center in Brunswick. Together they are seeking approval of a...

FEATURES

Nathan Szanton, of Portland development firm Szanton and Co., relishes rehabilitating old mill buildings into modern housing, such as The Lofts at Bates Mill in Lewiston pictured here

Q&A: Developer Nathan Szanton talks about his Bates Mill project

Carol Coultas | November 26, 2012 06:00 am

Developer Nathan Szanton's latest project — The Lofts at Bates Mill in Lewiston — brings him deep satisfaction on two counts: it revives a long-vacant mill building and more...

ORPC's pilot turbine in Cobscook Bay is the basis for new turbines that will expand the company's tidal-power capacity, and for a new turbine modified for river-based power

River power target of ORPC expansion

Darren Fishell | November 26, 2012 06:00 am

The Portland-based Ocean Renewable Power Co. made North American history in September when its 176,000-pound tidal-power generator pumped electricity from Cobscook Bay to a commercial...

Focus on Law

Nicole Bradick, president of Custom Counsel, offers law firms a network of skilled freelance lawyers to use on an as-needed basis

Freelance attorney network offers new flexibility

Darren Fishell | November 26, 2012 06:00 am

Nicole Bradick hopes to change the way law firms do business.

New law opens 31 states to Maine lawyers

Matt Dodge | November 26, 2012 06:00 am

A little-known change to Maine's Bar admission rules stands to benefit both Maine-based lawyers and those looking to expand their...

Columns

Capitol Update: Power shift in Augusta

BY Mal Leary

February forecast too pessimisticUncertainty underscored by Washington

Bartering: a time-honored method of exchange

BY John McDonald

Historians who claim to have studied such things tell us that human civilization began thousands of years ago when small groups of people...

Lists

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

Source: Each commercial real estate firm, press releases and municipal assessors' records./Compiled by Roger Magnus.

Largest Finance Authority of Maine loans

Ranked by FAME exposure amount, 2012

Rank	Company, location	FAME exposure (1)/Loan amount
1	Twin Rivers Paper Co. Inc., Madawaska	$4,750,000/$5,277,778
2	Biddeford Internet Corp. (2), Biddeford	$3,875,000/$4,750,000
3	Granite Coast Properties LLC (3), Portsmouth, NH	$2,512,500/$3,350,000
4	N.C Hunt Inc./Pine View Property LLC (2), Jefferson/Newcastle	$2,054,500/$2,845,000

(1) Amount of loan guaranteed by FAME. (2) Multiple loans in total to borrower.
(3) Parent company of Planet Fitness. Maine locations in Augusta, Portland and Westbrook.
SOURCE Finance Authority of Maine/Compiled by Roger Magnus

Largest Maine-based banks

Ranked by total assets as of Dec. 31, 2012 (all dollar figures in thousands)

Rank	Company, location	Assets/Maine Offices
1	Bangor Savings Bank, Bangor	$2,871,725/59
2	Camden National Bank, Camden	$2,525,375/53
3	The First, Damariscotta	$1,380,841/16
4	Bar Harbor Bank & Trust, Bar Harbor	$1,305,930/15