Carrabassett Valley, Maine – (NEWS CENTER) - Cold weather has arrived in Maine and for many folks that means are carving up the slopes and turkey on Thanksgiving.

Thanks to five days of snow making, Sugarloaf Mountain ski resort opened for business today. The resort has four trails open and could open up more terrain with a half of foot snow predicted through the weekend.

Sunday River in Newry was the first ski resort to open in Maine. Both resorts were recently sold to a New York hedge fund as part of a 700 million dollar real estate deal.

Seth Wescott, a two-time Olympic snowboard champion who lives and trains at Sugoarloaf is optimistic that the investment firm will make improvements to the mountain.

'We need these good partners to come in and reinvest in our infrastructure and upgrade everything where we need to be to make sure we operate safely,' says Wescott.

Skiers at both resorts are expected to notice any difference from the change of ownership Other ski resorts expected to open are Shawnee Peak in Bridgton on Dec. 10.

Black Mountain in Rumford plans to open Dec. 26. Mt. Abram in Greenwood is looking at Dec. 3, depending on the weather.