[Congressional Record (Bound Edition), Volume 153 (2007), Part 11]
[Senate]
[Page 14845]
[From the U.S. Government Publishing Office, www.gpo.gov]




                   HONORING THE F.A. PEABODY COMPANY

 Ms. SNOWE. Mr. President, today I recognize a tremendous small 
business from my home State of Maine that was recently designated as 
the 2007 Eastern Region Small Business of the Year by the United States 
Chamber of Commerce. Established in 1927 by Frank A. Peabody, the F.A. 
Peabody Company, based in Houlton, ME, has grown over the last 80 years 
to meet the insurance, investment, and real estate needs of Mainers. 
From the number of employees, to the number of locations, and even the 
services the company provides to the residents of northern Maine, F.A. 
Peabody's expansion has been a crowning achievement of small business 
in Aroostook County and, indeed, all of northern and eastern Maine. 
This award is a fitting recognition of F.A. Peabody's past 
accomplishments, and its continued superb work for Maine.
  F.A. Peabody began as a property casualty insurance agency for 
Aroostook County, and grew to represent 20 insurance companies. As time 
progressed, the company expanded to meet other needs in the community, 
including investment management, real estate brokerage, and travel 
services. A truly diversified operation, F.A. Peabody has gone further 
in recent years by administering mortuary trusts and providing 
broadband internet to businesses and individuals from the counties of 
Maine's northern potato fields to its eastern shoreline. In light of a 
lack of broadband internet in Aroostook County earlier this decade, 
F.A. Peabody decided to take action and become a broadband internet 
service provider.
  Collectively, F.A. Peabody employs over 70 people, and has a wellness 
program to award employees with bonuses and gifts. Chris and Bob 
Anderson, president and chief financial officer, respectively, of F.A. 
Peabody, carry on the company's commitment to Maine's positive, pro-
growth small business community.
  F.A. Peabody is truly a success story, and a bright example of what 
small businesses can accomplish with measured expansion and consistent 
determination. I congratulate F.A. Peabody on all of its 
accomplishments and, in particular, for garnering the attention of the 
U.S. Chamber of Commerce. This award is well-deserved, and I am 
confident that F.A. Peabody's strong, outstanding achievements will 
continue for years to come as a source of pride for all of Maine. I 
wish F.A. Peabody and its employees continued success.

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