APP receives funding

    Officials with the Sheridan Corporation announced that they are recommitting their financial investment in the Aroostook Partnership for Progress (APP), a private-public economic development partnership created in 2004 to stimulate the economy of Aroostook County, according to and APP announcement on Monday.      Mitch Sammons, vice president of finance and administration of The Sheridan Corporation, made a pledge of $20,000 for the partnership.
    “We understand that continued economic growth and vitality in all parts of the state are vital to Sheridan Corporation’s continued success,” said Sammons in the company statement.
    Sheridan is headquartered in Fairfield, just north of Waterville.
    “We are happy to again contribute to the Aroostook Partnership for Progress in its efforts to grow the economy of northern Maine,” Sammons said. “We view this project as a strategic investment that has already resulted in increased business activity.  It makes perfect sense for us to continue being a part of this effort.”
    Larry Shaw, chairperson of APP, expressed appreciation for the renewed investment.
    “It’s committed partners such as Sheridan that helps us to continue marketing the business opportunities of northern Maine to other parts of the state, the United States, Canada and Europe,” Shaw said.
    A full-service general contractor, the Sheridan Corporation has been serving the state of Maine for more than 50 years. Among its projects in Maine, Sheridan was the general contractor of Wal-Mart’s expansion of its Presque Isle store into a full-service Supercenter.
    Sheridan’s contribution is the latest of a new round of private sector re-investments in APP. 8731.