Tuesday, June 7, 2022

Oldest Companies in Maine

 

Maine has nearly 30 companies that have been in business for over 100 years; just one of them, Auburn Bancorp, is publicly-traded and 10 are generational family-owned firms. Over 1/3 are financial institutions and 4 of those are mutuals. There is a well-known retailer (L.L. Bean), 3 manufacturers, a few lumber yards, and a variety of retail businesses. Here is the list - if you know of a Maine company in continuous independent operation for over 100 years that is not on this list, please leave a comment.

1660/67 Seaside Inn, Kennebunkport, 9th generation

1816 Hodgdon Yachts, East Boothbay, 5th/6th generation

1821 Bartlett Yarns, Harmony

1827 Saco and Biddeford Savings, Saco, mutual

1835 Hussey Seating, North Berwick, 6th/7th generation

1844 S.W. Collins, Lincoln (lumber & building supplies), 5th generation

1848 Hancock Lumber, Casco, 6th generation

1848 Macomber, Farr & Whitten, Augusta (insurance agents)

1852 Bangor Bancorp, Bangor

1852 Bath Savings Institution, Bath, mutual

1856 Skowhegan Savings Bank, Slowhegan

1866 Garland Manufacturing, Saco (tools), 6th generation

1866 Norway Savings Bank, Norway

1868 Gorham Bancorp, Gorham

1870 Androscoggin Bancorp, Lewiston, mutual

1871 Kennebunk Savings Bancorp, Kennebunk, mutual

1872 Matthew's Pub, Portland

1878 Geiger, Lewiston (printing & publishing), 5th generation

1887 Auburn Bancorp, Auburn, public

1888 Augusta Fuel (AFC), Augusta

1888 Rockland Savings Bank, Rockland

1889 Bangor Publishing, Bangor, 4th generation

1902 Amato's, Portland (restaurant)

1908 Dennis Paper & Food Service, Hampden (wholesale groceries), 100% employee-owned

1909 Ripley and Fletcher Ford, South Paris

1912 L.L. Bean, Freeport, 4th generation

1913 Hub Furniture, Portland, 3rd/4th generation

1915 Haven's Candies, Portland




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