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Timber HP

Factory floors and supply chains: The year in manufacturing

Here’s a look back at 10 stories that shaped 2025, starting with a photo essay by photographer Tim Greenway from the 2025 Mainebiz Fact Book.

TimberHP exits Chapter 11 with long-term growth plan

The Madison-based manufacturer said it plans to ramp up production with recently improved products and build out its sales force across the Northeast and mid-Atlantic regions.

The Madison money trail: How TimberHP got into financial trouble — and how it aims to reset

Currently operating with 54 employees, the insulation manufacturer is seeking to lessen its debt via a voluntary, pre-negotiated Chapter 11 reorganization plan filed in U.S. Bankruptcy Court in Delaware.

Editor’s note: Maine banks look to Granite State for growth

New Hampshire has seen continued growth, and Maine bankers are seeing opportunities.
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With debt funding, Madison manufacturer TimberHP outlines reorganization plan

The company, which makes high-performance wood fiber insulation, has filed a voluntary, pre-negotiated Chapter 11 reorganization plan in U.S. Bankruptcy Court in Delaware. 

Factory floors: Manufacturing stories from 2024

Manufacturers range from solo start-ups to giant shipbuilders the size of small cities. Both innovation and heritage industries are the buzz.

A Belfast builder will rebrand to focus on its mass timber capability

NotchSB, as the company will be known, has its roots in GO Logic, a Belfast design-build firm co-founded in 2008 by Matthew O’Malia to focus on Passive House construction.

Developer looks to community to help keep Bethel apartment project on track

Cost increases for the redevelopment of a 19th-century Bethel home into apartments prompted a community campaign to raise funds for completing the project.
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Timber! Portland Museum of Art to host conference on an innovative forest product

The event, scheduled for Nov. 13-15, will kick off with a day of field trips including to the University of Maine's Advanced Structures and Composites Center in Orono.

TimberHP to develop environmental disclosures for its wood-fiber insulation

The first company in North America to produce insulation from wood fiber, TimberHP will install equipment and software to capture energy and raw material usage data.
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