Skip to content

CEI

Innovation and investment in rural America.

  • Find an Advisor
    • For Entrepreneurs
      • Small Business Development Center
      • The CEI Women’s Business Center
      • StartSmart
      • Workforce Solutions
      • Child Care Business Lab
      • Downeast Business Boot Camp & Pitch-Off
      • Small Business Resources
    • For Sustainable Food Systems
      • Agriculture & Food Systems
      • Tastemakers Initiative
      • Fisheries & Aquaculture
      • Maine Seafood Marketing Initiative
    • For Individuals
      • Homebuyer / Homeowner
      • Financial Wellness
      • Resident Owned Communities
  • Apply for Financing
    • For Businesses
      • Make a Loan Payment
      • Wicked Fast Loans
      • Grow Maine at CEI
      • Business Loans
      • Sea Farm Loans
      • Venture Capital
      • Maine Relief Programs
    • FOR PROJECTS
      • Solar Energy Financing
      • Community Facility Financing
      • CRA & Opportunity Zone Real Estate Investments
      • New Markets Tax Credits
      • State Historic Tax Credits
  • Maine State Programs at CEI
    • Maine State Child Care Infrastructure Grant Program
      • Grow Maine at CEI
  • Meet Our Subsidiaries
    • Bright Community Capital
    • CEI-Boulos Capital Management
    • CEI Capital Management
    • CEI Ventures
  • About
  • News & Events
  • Donate
  • Contact
  • Search
Close
loading...

Dove Tail Bats, LLC

Big League Manufacturing in Maine

In the small town of Shirley Mills, in Piscataquis County, a manufacturing business reaches far beyond its rural Maine roots. Dove Tail Bats, LLC, owned by husband and wife Paul and Theresa Lancisi, specializes in manufacturing custom wood baseball bats made from Maine-grown northern white ash, yellow birch, and rock maple at both the retail and wholesale level, providing bats to amateurs and professionals alike throughout the US, Latin America, Canada, Japan as well as Australia.

Paul Lancisi, Owner of Dove Tail Bats

After being turned down by other lenders, Paul and Theresa Lancisi came to CEI with a need for working capital. Their business had been in operation for 11 years, but in order to grow the business while maintaining their high quality custom-made bats, they needed financing.  “The inability to acquire financial backing in a capital-intensive business is a major hurdle to overcome,” said CEI Loan Officer, Cole Palmer. “Paul and Theresa have carefully considered every business decision. In one word, they are resourceful.”

“CEI was willing to go to bat for us when other institutions were not.  This loan enabled us to have the working capital necessary to grow our business by acquiring faster, high tech equipment and at the same time increasing our buying power to drastically lower our material costs.” –Paul Lancisi, Owner

While the majority of their competitors have grown too large to focus on the importance of personalized service both at the professional level and the amateur level of baseball, Dove Tail Bats views themselves as a niche player where quality, value, and a strong focus on customer service wins them new customers over time.

CEI’s loan helped the Lancisi’s purchase a CAD (computer aided design) system which replaced the physical template process, creating the ability to expand template options, improve production, and free some much-needed space in their warehouse. The loan also supported various renovations to their warehouse space, and provided working capital to invest in labor, inventory, and accounts receivable as the business continues to grow.

In the 2015 World Series, 70% of the runs scored were with Dove Tail Bats. Theresa and Paul Lancisi, owners, stand in front of the Dove Tail Bat which is on display in the Hall of Fame.

“CEI worked hard to promote our best interests in the loan application process.  They were extremely professional and caring about our business and I would highly recommend them to other Maine businesses.”

–Theresa Lancisi, Owner

As one of just a handful of bat manufacturing companies under contract with Major and Minor League Baseball, and the only company of its kind in Maine, Dove Tail Bats is growing rapidly. In 2016, the business doubled its production to keep up with production demand. The addition of a split billet mill enables the purchase and use of locally grown wood. New customers include MLB players Eric Hoser, Alex Gordon, and Mike Moustakas from the Kansas City Royals, Bryce Harper from the Nationals, and Yoan Moncada of the White Sox. Dove Tail Bats continues to provide the highest quality bats to its dedicated following among players who put their faith in the strength of Maine-grown trees.

More Stories

CEI Stories

  • A smiling Passamaquoddy Native American woman standing in front of a craft fair booth
    Crafts From The Bay
    A Business Born from the Heart
  • Mis Primeros Pasos
    Taking steps to help children develop a loving connection with the natural world and diverse cultures
  • Crown Fried Chicken & Kebab
    Elbow Grease + Expertise = An Excellent Eatery
  • Rhona Beauty LLC
    From New Career to New Business Owner
  • Tubelite Inc.
    Creating Good Jobs in Mesquite, Texas
  • Carolina’s Specialty Shop
    Bringing an immigrant's perspective to supporting locally-made goods.
More Stories

We are creating an economy that lifts all people.

About Us

Join Us!

"*" indicates required fields

Name
This field is for validation purposes and should be left unchanged.

  • Coastal Enterprises on Instagram
  • Coastal Enterprises on Linkedin
  • Coastal Enterprises on Facebook
  • Coastal Enterprises on Twitter
  • Coastal Enterprises on Youtube

COASTAL ENTERPRISES, INC.
30 Federal Street, Suite 100
Brunswick, ME 04011
207-504-5900

Find Your Local Office

  • Advice
    • For Business
    • For Sustainable Food Systems
    • For Homeowners
    • Apply for Financing
    • Make a Loan Payment
  • CEI Subsidiaries
    • Bright Community Capital
    • CEI-Boulos Capital Management
    • CEI Capital Management
    • CEI Ventures
  • Investing in CEI
    • Donate
    • Investment Capital
    • Venture Capital
    • Solar Investments
  • About
    • Our Team
    • Our History
    • Careers at CEI
    • Publications and Reports
    • Public Policy Initiatives

© 2023 Coastal Enterprises, Inc. All Rights Reserved.
Coastal Enterprises, Inc. is an equal opportunity lender, provider, and employer.

  • Terms of Use
  • Privacy Policy