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The listing went live this week and has already garnered inquiries from owner-users and investors. Robbins Lumber acquired the plant last year from Pleasant River Lumber Co.
A 2024 Business Leader of the Year, Melissa LaCasse, secured $3.2 million in pre-seed funding and used her skills in distribution, business development and strategic planning to position Tanbark for success.
The 2024 Business Leaders of the Year include the two founders of TimberHP, which is bringing a new form of building insulation to the United States and in the process, creating jobs and a healthier planet.
The funds will assist the company finalize its equipment purchases and installation and begin operations for its molded-fiber manufacturing operation.
Kingfish Maine, Tanbark Molded Fiber Products, Maine Plywood USA, Five Pillars Butchery, Heiwa Tofu and the Holy Donut will receive public funding to pay for upgrades to electrical infrastructure.
Both companies have launched first-in-the-U.S. products, and are now looking to scale up.
Wood fiber insulation pioneers “a movement toward more energy-efficient and healthier living environments,” said one developer.
Carbon storage, long-term forest health, wildlife habitat, and sustainable timber production are part of the mission for a new “climate-smart” timber investment fund.
The Androscoggin Mill closed last year after a tumultuous recent history that included a devastating explosion and a series of layoffs.
One example of the damage was in the Rangeley Lakes region, where a bridge washout closed the vital trucking route of Route 16, forcing an 80-mile detour and driving up costs.
Biochar, a charcoal-like material, is produced by heating organic matter to an extremely high temperature in a low-oxygen environment. The biochar can then store carbon for thousands of years. By putting biochar back into the earth, the carbon is
The new company currently employs 17, but is looking to at least double staff over the next year as operations grow.
As in past years, the majority of students who completed the five-month training program have had jobs waiting for them after graduation.
The owner of Port City Mechanical called Charlie Martin at Maine Plywood and told him about the boilers that were being scrapped at the former B&M Baked Bean plant. Now all Martin needed was a crane that could lift 90,000 pounds and a small
The newly enacted law is being called one of the country’s broadest and most generous paid family and medical leave programs.
The America’s Revegetation and Carbon Sequestration Act of 2023 aims to restore ecosystems, boost carbon sequestering through tree planting, reduce fire risks and expand the development of forest products and wood innovation.