Maine Sawmill On Track For Expansion With New Equipment

The Maibec lumber mill is expecting to increase its capacity thanks to new equipment being supported with loan backing from the Finance Authority of Maine. The FAME board on May 17 approved a 90 percent loan insurance backing for a $944,000 loan made by TD Bank to...

Maine’s Katahdin Forest Products Mulls Sawmill Expansion

Katahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves a cloud of uncertainty over the market. Amid ongoing growth in sales of log...