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New Business to Locate at Gardiner’s Libby Hill Business Park
Gardiner’s Libby Hill Business Park is adding a new business in 2008! Dennison Lubricants, with headquarters in Lakeville, Mass., recently purchased two lots at Gardiner’s Libby Hill business park. The family-owned company, will build a 20,000 square foot building and have room to add on another 20,000 square feet in the future. Site work is expected to begin in April of ’08.
The company currently employs 14 people in Gardiner at the Standard Distributors building on Route 126. Tim Dennison, owner and President of Dennison Lubricants, says he anticipates hiring up to 7 new full-time employees. The types of positions include sales, managers, blenders, packers and drivers. The company offers a retirement plan, as well as health insurance and other benefits. Maine’s Department of Economic Development just certified the business as a Pine Tree Zone business, based on the company’s manufacturing side of operations.
Dennison Lubricants joins several other successful companies already located at the Libby Hill business park. Pine State Trading and EJ Prescott are two other family-owned local companies that have built facilities, since the park began in 2000. Also located at the park, Harper’s Development currently leases space to the On-Target and Scientific Games. To date, the park has generated over $26 million in investment, as well as hundreds of jobs.
Of the original 16 Libby Hill Business Park lots pre-permitted among 140 acres, only 4 lots remain available in Phase I. These lots range in size, from 2.5 to 3.5 developable acres. To accommodate larger scale projects, Gardiner is planning to build the infrastructure for 12 new pre-permitted lots in 2008, as a part of Phase II business park construction. Gardiner has a number of incentives to help attract new businesses, from tax increment financing, revolving loan fund assistance, to utilizing the Pine Tree Zone designation.
Dennison Lubricants was recognized for their Pine Tree Zone Certification at the January 2nd City Council inauguration meeting held at the Boys and Girls Club.
For more information, please contact Jason at 207-582-6888, or email to econdev@gardinermaine.com. To view a complete press release on this story, please click here.
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