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Any business making a change in ownership or leadership needs to plan in advance.
Any number of issues can come up and any number of noses can be put out of joint, particularly when family members are involved.
Our cover story looks at two companies that are in similar lines, but had different approaches to the change in ownership. Thos. Moser and Chilton each make furniture and each face the day-to-day challenge of recruiting and retaining a skilled workforce. While the plan for Moser’s new owner is initially to learn about the business, Chilton’s new-ish owners have sought out new opportunities with product lines and a refresh of the marketing. “It’s been an evolution,” the company’s president tells our writer, Laurie Schreiber. See Laurie’s story, “Business transitions,” which starts on Page 10.
Another feature story looks at two longtime Maine businesses, McDougal Orchards in Springvale and S.W. Collins in Caribou. Navigating generations of change is a well-honed process, but still requires dedication. As one of the family members points out in Staff Writer Tina Fischer’s story, sometimes the best successor is the one with the “right aptitude and attitude.” You can’t be “half in and half out,” adds another. Tina’s story, “Preparing for the future,” starts on Page 14.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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