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Forest products

FAME approves financing for Aroostook lumber mill

Staff |

The Finance Authority of Maine at its board meeting on Thursday approved 90% loan insurance on a loan totaling $944,000 by TD Bank to Maibec USA LLC, a wholly owned subsidiary of Groupe Maibec Inc.

UMaine researcher gets $250K to advance 'nanofibril' building materials

Staff |

Mehdi Tajvidi, an assistant professor of renewable nanomaterials at the University of Maine, has been awarded $250,000 to develop next-generation floor and wall products that utilize cellulose...

Naples firm selected as PLC’s ‘Logger of Year’

Staff |

The Professional Logging Contractors of Maine presented several awards at its 23rd annual meeting on Friday, recognizing businesses, individuals and legislators from across Maine for their...

Maine Wood Conference looks toward new era of development

Organizers of the May 9 Maine Wood and Sustainability conference see it as more than just a meeting of industry professionals, but a watershed.

Twin Rivers Paper to buy Arkansas paper mill

Staff |

Twin Rivers Paper Co. LLC, headquartered in Madawaska, announced Wednesday it has entered into an agreement to acquire a paper mill in Pine Bluff, Ark., owned by Mondi Group.

New Gloucester IT service provider recognized for its global growth

Renee Cordes |

Planson International, a 25-year-old-global supplier of information technology software, hardware and services based in New Gloucester, was just named “Service Provider of the Year” by...

LePage: Trump tariffs on Canadian lumber hurting Maine

The LePage administration said the Trump administration's tariffs on Canadian softwood lumber are causing Maine to lose revenues because it can't find buyers for its own wood.

Maine Food Insider: If it's mud season in Maine, it's maple syrup season

Maureen Milliken |

A major sign winter may end and spring is coming — despite outward appearances such as the major snowstorm bearing down on Maine later today — is that many of the...

SmartLam becomes second CLT company to locate in Maine

James McCarthy |

SmartLam, a Montana-based company that is the first manufacturer of Cross-Laminated Timber in the United States, announced Thursday it plans to expand its operations to the East Coast by opening a...

Four other Maine companies receive MTI 'challenge' grants


In addition to awarding $4 million to Verso Corp. to upgrade and restart the Jay mill's idled No. 3 paper machine and $3 million to Montana-based SmartLam to support its plans to build a $23.5...