Hinckley Yachts plans major expansion

Hinckley Yachts is planning a 19,500-square-foot expansion at its Southwest Harbor service yard.The Mount Desert Islander reported the investment is expected to be $1 million. The company produces high-end luxury yachts at its Trenton plant, runs a service yard and marina in Southwest Harbor, and has additional service yards in Northeast Harbor and elsewhere along the East Coast.

Source: Mainebiz.biz

Poland Spring Eyes Lincoln Area for $50 Million Bottling Plant

A Poland Spring representative said he will push his company to build a $50 million bottling plant in the Lincoln area — a crucial but far from final step in the company’s expansion planning.

Recent well tests showed that the Lincoln Water District can easily anchor a bottling plant, Senior Natural Resource Manager Thomas Brennan said during a district board meeting on Tuesday. Poland Spring has been testing wells and scouting plant locations in the Lincoln area since March.

Source: Maine Public