ON THE COVER

Year in review: uncertainty but big wins in 2012

December 24, 2012 06:00 am

Headlines in 2012 were dominated by political news as we re-elected a president, sent a familiar face to Washington and watched as the State House turned more blue than red.

FEATURES

Greg Sweetser, executive director of the Ski Maine Association, says technology has given a real boost to Maine's $300 million ski industry

Tech investments fortify ski season for Maine resorts

Mark Jeanneret | December 24, 2012 06:00 am

Greg Sweetser has seen all manner of winter's weather-related ups and downs.

Robert Sharood displays a petri dish with mycelium in his Sanford lab while his father John holds growing medium for mushrooms

Mushroom business grows from new technology

LORI VALIGRA | December 24, 2012 06:00 am

A new type of cleanroom, complete with employees wearing protective bunny suits, is situated amid the rolling hills and farms of Springvale, in York County. But instead of manufacturing...

Glimmers of recovery spotted in N.E.

James McCarthy | December 24, 2012 06:00 am

All eyes were turned toward the threat of sequestration and the economy pitching off a looming fiscal cliff at a recent conference to forecast the region's economy.

Focus on Safety & Security

Dan A. Cote Sr., left, CEO and treasurer of The Cote Corp., a crane and rigging company based in Auburn, is joined by the company’s controller Daniel Gagne and his son, Daniel P. Cote Jr., who serves as vice president of operations and sales at the family-owned company. Founded in 1966 by Armand and Carmen Cote, the company makes safety a top priority ... and finds bottom line benefits as a result.

‘Zero injuries’ is the norm at The Cote Corp.

James McCarthy | December 24, 2012 06:00 am

In the crane and rigging work The Cote Corp. performs — whether it's lifting a 20-ton vault into a new bank building, installing a...

More move to the cloud as ME data cos. prepare for boom

Darren Fishell | December 24, 2012 06:00 am

Behind the black door at its high-security data center in Brunswick, Oxford Networks is preparing for one of information technology's...

Columns

Tax sheltering tool will gain popularity in new year

BY Justin Lamontagne

There are a few things in life that make me uncomfortable. The grocery store, for example, totally overwhelms me. The feeling of a new...

State revenues drop further; a fond farewell

BY Mal Leary

Curtailed spending gains momentumSupplemental budget still in flux

Lists

Largest Maine-based banks

Ranked by total assets as of Dec. 31, 2013 (all dollar figures in thousands)

Rank	Name, location	Assets/Maine offices
1	Bangor Savings Bank, Bangor	$3,022,776/59
2	Camden National Bank, Camden	$2,577,201/46
3	The First, Damariscotta	$1,430,810/16

Although Bank of America, KeyBank, People's United Bank and TD Bank NA do business in Maine, they are omitted from this list because their Maine-specific assets are not available.
SOURCE : Federal Deposit Insurance Corp./Compiled by Heide Martin and Roger Magnus.

Non-Maine public companies doing business here

Selected by number of Maine workers and ranked by fiscal 2013 revenue

Rank	Maine based subsidiary, location (Parent company)	Revenue (millions)/Maine employment range
1	Wal Mart-Sam's Club, statewide (Wal-Mart Stores Inc.)	$469,162.0/7,001 to 7,500
2	Perrier Group -Poland Spring, statewide (Nestlé S.A.)	$92,158.0 (1)/501 to 1,000
3	UTC Fire & Security (2), Pittsfield (United Technologies Corp.)	$62,626.0 (3)/1 to 500

(1) Figure is in Swiss Francs. (2) United Technologies Corp. plans to close this plant, which employs 300 workers, in March 2015. (3) Figure represents net sales.

SOURCE: Each company's financial statements from 10-K reports, other financial reports and releases, the Maine Department of Labor and the Federal Deposit Insurance Corp./Compiled By Heide Martin and Roger Magnus.

Maine-based public companies

Ranked by fiscal-year revenue, 2013

Rank	Company, location	Revenues (millions)/Industry
1	Idexx Laboratories Inc., Westbrook	$1,377.06/Biotechnology
2	WEX Inc. (1), South Portland	$623.15/Financial services
3	Camden National Corp. (2),Camden	$116.02 (3)/Financial services
4	The First Bancorp Inc. (1), Damariscotta	$63.10 (3)/Financial services

(1) Data are from 2012; figures for 2013 were not available prior to publication date. (2) Data are from unaudited annual financial report. (3) Represents a sum of interest and non-interest income.

SOURCE: Each company's financial statements from 10-K reports, other financial reports and releases, and the FDIC website./Compiled by Heide Martin and Roger Magnus.

Maine's largest automobile dealerships

Ranked by total vehicle sales, 2013

Rank	Company, location	Total vehicle sales/Locations in Maine
1	Lee Auto Malls, Auburn	9,815/20
2	Darling's, Brewer	8,544/6
3	Prime Motor Group, Saco	8,155/6
4	Charlie's Family of Dealerships, Augusta	6,427/6