Corinth Pellets To Expand Wood Pellet Manufacturing Facility In Penobscot County, Maine
03/19/2014
“Corinth Pellets is an excellent example of how a staple Maine industry can thrive when provided with the tools to be competitive,” said Governor Paul R. LePage. “Government does not create jobs, but it can create an environment where businesses can thrive. As a result of Corinth Pellets’ investment, more Mainers will be put to work, and our overall economy will prosper.”
Company officials credit Maine’s business-friendly approach as a determining factor to implementing their expansion strategy. “The incentive package, presented by Maine Department of Economic and Community Development, will give us the ability to purchase the equipment needed to increase production and hire more people,” said Corinth Pellets Chief Financial Officer Ken Carle. Carle also suggested that the timeframe for those jobs, currently set at a 24-month span, would have been much longer without the incentives.
Carle also credited the Governor’s Account Executive Jaimie Logan, Maine Department of Economic and Community Development liaison to Corinth Pellets, with helping to facilitate the firm’s expansion. “She is one fantastic lady,” Carle said, adding Logan’s organizational skills and punctuality helped expedite both the application and certification processes greatly.
Project Announcements
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024