In 1985, EMDC partnered with Darling's Auto and their financial institution to help fund what is known as the "Sylvan Road Expansion" project in an area that is now a hub of auto dealerships, including Darling's Honda Nissan Volvo and Darling's Ford Volkswagen Audi.
Darling's began in 1903 with bicycle sales and is now one of the largest dealership groups in the State of Maine. Darling's offers fourteen brands in six locations with close to 500 employees.
EMDC's SBA 504 loan product proved to be an important component to the financing for this expansion. Listen in as Kevin Tesseo from Darling's joined EMDC on the George Hale Ric Tyler Show on the Voice of Maine recently to talk about the business and connection to EMDC.