Wednesday, May 9, 2012

Maine Two Largest Corps 2011 Annual Earnings Up Sharply Under Obama


The two largest corporations I found, which are headquartered in Maine, and which file with the SEC, are Westbrook-based Health Care Company Idexx Laboratories and South Portland-based Business Services Firm Wright Express. 

Maine is blessed to have as the Head of the US Small Business Administration, well qualified Karen Mills, who is from Maine, and who has very effectively been a strong advocate for all Maine companies.

In addition, Maine US Senators Olympia Snowe and Susan Collins, and Maine US House members Chellie Pingree and Michael Michaud, have also all been very helpful in fostering the strong operating performance of both Idexx Labs and Wright Express, as well as many other Maine firms of all sizes.

Below here is the Pretax Income (PTI) of these two excellent Maine Corps for each of the most recent three years.


 



Obama





Bump




PTI(L) PTI(L)

      1 Year 2 Year

PTI(L) PTI(L) PTI(L) % %

2011 2010 2009 Change Change
  mils $s mils $s mils $s

Maine




Idexx Laboratories 234 202 175 16% 34%
Wright Express 209 145 89 44% 135%