Branching out: $14M in state grants to support forest industry

By Renee Cordes
MaineBiz
December 12, 2022
Category: Forestry
Region: United States, US East

Nineteen Maine forestry companies will share $14 million in state grants for a range of improvement projects, Gov. Janet Mills announced. Funding comes from the final round of the $20 million Forest Recovery Initiative of the governor’s Maine Jobs & Recovery Plan. Recipients include ND Paper in Rumford, which will receive $1 million to boost the efficiency of its R15 paper machine. Also receiving $1 million are Louisiana-Pacific Corp. for improvements at LP Houlton in Aroostook County; Bright Wood Corp. for a project in Waterville; Casco-based Hancock Lumber and wood-fiber insulation firm GO Lab. The Forest Recovery Initiative, unveiled by Mills in November 2021, aims to support Maine’s forest products industry and the people it employs, create and sustain jobs in rural Maine, and strengthen the state’s economy. In March, the first round of awards provided $6 million in financial relief to 219 forest products businesses that saw negative impacts from the pandemic. 

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