BANGOR, Maine — Central Maine & Quebec Railway held an open house and reception on Wednesday to mark its move to its new office in Bangor.
The rail company’s relocation from its former office at 15 Iron Road in Hermon to 700 Main St. in Bangor began in November 2015, Chief Administrative Officer Gaynor Ryan said Wednesday afternoon. Central Maine & Quebec Railway is leasing newly renovated space from Webber Energy, which along with the United Way of Eastern Maine occupies the floor above.
The floor plan was developed by WBRC, she said.
“We’re very excited,” Ryan said Wednesday afternoon.
According to Ryan, who also is the company’s human resources director, the railroad has 75 employees in the United States, about 25 of whom work out of the Bangor office, and another 48 in Canada.
She said the company decided to move out of its former location because there was too much space there and because its lease was getting close to expiring.
The building was in need of improvements, she said. Among other things, it lacked hot water, and its heating and air conditioning systems did not always function properly. The railroad and its former landlord could not come to agreement about the needed upgrades, she said.
“We met with the Webber people, and they had a space that was perfect for our needs,” she said.
Central Maine & Quebec Railway was formed in early 2014, when New York-based Fortress Investment Group purchased Montreal, Maine and Atlantic Railway’s assets at bankruptcy auction.