Sanford, Maine – 1st Congressional District
Deborah Johnson, Director
Maine Office of Community Development
A 5th generation wood forest product company located in Maine experienced a declining market for wood furniture stock and wood pallets. As a result, they secured a new path with wood pellet manufacturing. A new plant was constructed and the grant provided critical gap financing to complete the project. Approximately 20 new jobs were created.
The project is complete.
City of Sanford
Sanford Regional Economic Growth Council
State of Maine Department of Economic & Community Development
CDBG – $450,000
Private funds – $1,000,000 – Coastal Enterprises/Saco-Biddeford EDC
Other public funds – $200,000 – USDA, $153,896 – Efficiency Maine