From the article: The Penobscot County town’s proximity to Interstate 95, access to natural gas, and more make it ideal for LignaTerra, as well as other manufacturing firms, both at the innovation park and elsewhere in Lincoln, Hardy said.
The town’s location in the heart of the state’s timber belt add to the appeal for forest industry-based businesses, he said.
“Right outside of town, across the Penobscot River, we have the largest cluster of qualified logging contractors in the state, all in one place,” Hardy said. He said those loggers “are the first link in the supply chain,” and are among the most talented and quality loggers in Maine.
“We have the natural resources here, we have the built resources here,” he said.
Holgorsen said location is key for the company, and the region could become a “national leader in timber products.”
“Central Maine, and Lincoln specifically, has proven to be an ideal location for value-added timber products,” he said. Advantages are the proximity to healthy, working forests; access to major transport infrastructure; availability of “a hardworking and qualified workforce”; and “motivated community leaders willing to go the extra mile to rejuvenate innovation and commerce.”
From the article: “It will probably take LignaTerra at least a year to build and open its Lincoln facility and train the people who would run it, according to Brien Walton, the head of a regional economic development agency, Acadia Capital Management II, Inc., that’s helping the town and company complete the project.
The operation will be funded by venture capital firms that are taking advantage of a new federal tax program that’s meant to promote investment in economically depressed parts of the country, according to Nick Holgorsen, LignaTerra’s managing director and co-founding partner.”
From the story: “For us to be able to come into a community and find good qualified workforce people is important to our company mission,” said Nick Holgorsen, Managing Director and Founding Partner of LignaTerra Global LLC.
From the story:LignaTerra Global is bringing cross laminated timber to the former Lincoln Paper and Tissue — to anchor what will become the Maine Forest Products Innovation Park.
From the article: LignaTerra Global views Maine as an “ideal location” for value-added timber products due to its proximity to forests and the high demand for building materials in the northeastern market.
From the article:North Carolina-based LignaTerra Global LLC is planning to invest $31 million to build a new mass timber plant in Lincoln, Maine, which will employ approximately 100 people.
From the story: “We are very excited. It’s been a bit of a roller coaster over the past 12 months since our previous announcement last year didn’t follow through as we had hoped,” said Nick Holgorsen, the co-founding partner of LignaTerra.
“We’ve had some hurdles along the way but we didn’t want to give up on Maine,” he said.
From the article: “A North Carolina company that makes a composite wood material intends to build a factory in Lincoln that would employ about 100 people.”
LignaTerra Global LLC says the 300,000-square-foot plant will be built on town-owned land that used to be part of the former Lincoln Paper and Tissue mill.
From the article: “A North Carolina company that makes a composite wood material intends to build a factory in Lincoln that would employ about 100 people.
LignaTerra Global LLC says the 300,000-square-foot plant will be built on town-owned land that used to be part of the former Lincoln Paper and Tissue mill.”
From the story: “Lincoln officials now plan to sell or lease some of the 76.6-acre site to the company with the understanding that its investment could generate hundreds of thousands of dollars in property tax revenue over the coming years, according to Jay Hardy, Lincoln’s economic development director.”
From the article: “Private industry is gearing up to provide engineered wood for more tall wood buildings here in the United States. This year a highly automated, large CLT plant opened in Washington state. Last week, the first ever CLT plant in New England was announced in Maine.”