For Immediate Release:
February 2009‐ ANANIA & Associates Investment Co. LLC, Gorham, Maine
ANANIA & Associates Investment Company LLC (AAI), reports its investment fund has qualified for Maine Seed Capital Tax Credits!! AAI is an investment fund with four Maine manufacturing companies and related real estate entities. The Maine Seed Capital Tax credit allows investors, both institutional and private, to invest in these companies through the Fund and receive a 40% or 60% State income tax credit over four years.
“This positive news opens the door for investment in local companies that are strong, growth oriented companies which provide good paying jobs in each of their local communities”, commented Peter V. Anania, Founder and President of AAI. “Collectively our companies and related investment projects employ over 150 employees and generate nearly $50 million in revenues. We are proud to partner with the FAME to provide this investment vehicle. 2009 looks to be an exciting year of continued growth for our portfolio companies and with this Tax Credit our fund is an excellent investment alternative to the faltering stock market.”
AAI Companies:
MEGA Industries LLC manufactures microwave waveguide and components for military, scientific and commercial applications including radar systems, missiles, FM Broadcast and satellite tracking.
mWAVE Industries LLC designs and manufactures standard and custom antenna products for commercial and government applications spanning the scientific, defense, and academic communities.
Maine Cedar Log Homes LLC since 1926 has manufactured quality log homes in Windham, Maine with a focus on retirement and vacation homes in standard or custom designs.
White Cedar Gazebos, a Division of MCLH, creates quality gazebos with Maine craftsmanship and care.
MCL Realty LLC – Constructed a five unit incubator space building which is now home to two AAI Companies and two Maine start‐up companies, Atlantic Concealment and Kid’s Crooked Houses.
For more information contact: Jeffrey G. Tounge, AAI Director of Business Development +1‐207‐712‐1452
ANANIA & Associates 28 Sanford Drive www.anania.biz Tel: +1-207-854-1700
Investment Company LLC Gorham, ME 04038 USA anania@megaind.com Fax:+1-207-854-2237