Madison

Two rural water district upgrades get $11.2M in federal funding

Funding for the Anson and Madison Water District and the Paris Utility District comes from the U.S. Department of Agriculture's Water and Waste Disposal Program.

Maine will get $1.6M for treatment system to address ‘forever chemicals’

PFAS, which have become a threat to water supplies and farms, could be treated with money appropriated to a statewide wastewater treatment site in Somerset County.

5 former mill towns share $120K in grant to redevelop forest-product facilities

A public-private program has been supporting redevelopment projects for the next generation of forest products. With the new money, funding now totals $1.2 million.

With financing in hand, GO Lab can start construction at former Madison mill

GO Lab Inc. closed on the sale of $85 million in bond funding and completed a New Markets Tax Credit transaction that will fund construction of a wood fiber insulation manufacturing facility in a former mill in Madison.
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GO Lab to sell $85M in bonds for mill renovation

GO Lab, a wood-fiber insulation company, plans to sell $85 million in bonds for the renovation of the long-shuttered paper mill in Madison.

Skowhegan auto dealership starts off 2021 with awards, expansion

Hight Ford, part of a dealership group with locations in Skowhegan, Madison and Farmington, has received Ford Motor Co.'s two top awards for the second year in a row, and also has broken ground on a truck accessory retail store.

Playwright’s hideaway, near Madison’s Lakewood Theater, sold after 15 years on market

Near Lakewood, the nation’s oldest continually-run summer stock theater, the Colony House has hosted guests from around the world, but had been on the market for years.

🔒Bust turns into boon: When financing fell apart in the pandemic, GO Lab got creative

The startup's planned conversion of a former paper mill in Madison had taken three years, and now the funding had to be finalized. The pandemic busted the deal. With the Finance Authority of Maine, GO Lab found a plan B.
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GO Lab gets $85M in bond financing from FAME

The startup, which plans to manufacture wood fiber insulation in a former Madison paper mill, will use the bond financing to ready the plant for production.

GO Lab seeks $85M in municipal waste bonds to fund Madison mill manufacturing

The company, which will produce insulation made from lumber manufacturing and timber management waste, is seeking the money to help get the Madison plant up and running, and welcomed a major piece of equipment from Germany last month.
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