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Ford Foundation Annual Report 1983
below the state average. In 1980, fifty-six Vinalhaven fishermen
and other residents formed a cooperative to start a fish-processing
plant on the island. A town bond issue helped build the plant, and
CEI provided financing for equipment, working capital, and
management training for the co-op members. Today, Vinalhaven's
Penobscot Bay Fish and Cold Storage Company has about thirty-five
year-round employees, most of them women who previously had no
opportunities for employment. In addition, 128 fishermen derive
income from their share in the plant.
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In the
forest-products industry, CEI is helping a multiple sclerosis
victim expand his family business. Unable to get a job because of
his disability, John Stauffer started using scrap lumber to make
replicas of the antique wooden bucket. The Maine Bucket Company now
consists of two other employees besides Stauffer and his wife and
two children. The company produces 600 buckets a week, which are
sold in gift shops throughout the country. With CEI and Small
Business Administration financing, Stauffer is acquiring new
equipment that will cut bucket production time in half. By early
spring of 1984, Stauffer expects to hire at least two more
employees. He is looking for handicapped people.
Among CEI's
new undertakings:
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Moss Tent
Works, a company in Camden that designs and produces lightweight
tents. Because of its reliance on the seasonal backpacking market,
the company has to shut down for part of the year. With CEI
assistance, Moss plans to develop and market a line of larger and
heavier exhibit tents. The firm's expanded operations will enable
the company to stay open longer and hire more people.
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Hanson
Energy Products of Newcastle, which manufactures solar collectors
for space heating. Last year Hanson's sales represented 21 percent
of the solar space heating market in this country. With nineteen
year-round workers, the firm is the third largest employer in town,
after the hospital and lumber yard. With a CEI loan to expand its
research and development activities, the company hopes to add six
more workers over the next three years.
-
North
Whitefield Frameworks. In what used to be a poultry barn, two
brothers, Ken and Eric Olsen, oversee production of more than
500,000 picture frames a year. Most of them are sold to amusement
parks for framing pictures used as prizes at concessions. Three
years ago the Olsens knew nothing about woodworking. Unemployed and
willing to try anything that would generate income, they decided to
frame and sell Norman Rockwell reproductions. An amusement park
businessman ordered 1,500. To fill the order, the Olsens spent
three months in the shop of a cabinetmaker friend learning basic
woodworking. Today, with more than thirty employees, the Olsens
have begun to diversify by producing revolving spice racks. They
are installing a wood-scrap furnace to heat the barn and
three-phase power so that the workers can run all the heavy
machinery at once. A management consultant introduced to the Olsens
by CEI is helping them expand production. "We will get into other
wood products—higher-quality frames, maybe the toy market,"
says Eric Olsen. That kind of spirit typifies the entrepreneurs
Coastal Enterprises is trying to help.