ORONO — A plan to renovate the field house and a gym at the University of Maine is getting a big boost courtesy of a $5 million donation from the Boston-based athletic products company New Balance.
In return for the $5 million gift, the field house will be renamed the “New Balance Field House” and the student recreation and fitness center will be known as the “New Balance Student Recreation and Fitness Center.”
The Bangor Daily News it’s the largest corporate gift in school history.
The deal was approved Monday by the trustees of the University of Maine System.
The school has a year to raise $2 million as part of a matching grant. The entire project is expected to cost $19 million.
New Balance has three manufacturing facilities in Maine.
Copy the Story LinkSend questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.