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Maine Public Service Company, originally incorporated as Gould Electric
Company, was a privately held subsidiary of Consolidated Electric & Gas
Company providing electric service to residents and businesses in
Northern Maine. In 1947, the Company's capital stock was sold as a
result of the Company's forced divestiture. From 1947 to our corporate
reorganization in 2003, Maine Public Service Company was a
publicly-traded company on the American Stock Exchange, trading under
the symbol "MPS".
On June 30, 2003, Maine & Maritimes Corporation was formed as a
holding company in the State of Maine, owning all shares of Maine Public
Service Company. Based on our core competency developed over the past
103 years in serving the infrastructure needs of residents and
businesses, our vision is to focus on the utility industry,
utility-related growth, and continue building outstanding customer
service relationships. And, as a 103 year-old company, we know the value
of keeping our commitments.
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