Local business owners ink deal to move into Milo industrial park

By Stuart Hedstrom, Piscataquis Observer
Posted April 25, 2013, at 3:16 p.m.

MILO, Maine — Town officials have completed final negotiations with Ron and Amy Desmarais of Eastern Maine Shooting Supplies, Inc. and signed a purchase and sales agreement for property at the Eastern Piscataquis Industrial Park, it was announced earlier this month. The agreement is subject to voter approval at a special town meeting tentatively scheduled for June 3 at the town hall.

According to a new business announcement, which is available at www.trcmaine.org, the total cash price plus additional considerations is nearly $110,000. The plan for the approximately 3.5-acre property would be for three businesses to move in once renovations are completed over the next six months. Two of the businesses are owned by the Desmaraises and consist of Eastern Maine Shooting Supplies and Mars Machine, a manual machine shop. The third business will be identified at a later time but consists of a fairly large machine shop and welding business.

The three businesses are expected to employ more than 25 people within the first year, with growth forecasted for the future. The Desmarais’ auto body shop at 71 Main St. is expected to remain there and will be expanding this summer.

The Desmaraises have provided a letter of commitment to move forward provided approval is granted at the special town meeting and with grant assistance from the state and federal governments to run various utilities into the park. The letter helps provide assurance that there will be lots ready to be developed by other businesses who may choose to locate to the park — previously the town could not offer sites that were able to be built upon within 90 days.

This is the first time in seven years that any manufacturing business has made this type of commitment to locating, and operating on a long-term basis in the business park, according to town officials.

http://bangordailynews.com/2013/04/25/news/piscataquis/local-business-owners-ink-deal-to-move-into-milo-industrial-park/ printed on July 31, 2014