Since 2004, the organization has deployed over $1.11 billion in New Markets Tax Credits financing to over 100 businesses and developments across the country — and in the process, creating or preserving 12,662 jobs.
Across the state, expansions are planned, underway or recently completed, and range from new rural clinics to Maine Medical Center’s 300,000-square-foot Malone Family Tower in Portland.
The vote followed tense negotiations. Pulp is at record prices and the members of USW Local 27, who worked through the pandemic, say they are setting new shipping records.
New labor contacts affecting nearly 300 employees of Woodland Pulp LLC in Baileyville will strengthen rules specific to separate trades and also provide pay increases for trades and production workers at the plant.
Woodland Pulp, the paper mill in Baileyville adjacent to the St. Croix River, is petitioning the Federal Energy Regulatory Commission to allow it to transfer ownership of the U.S. portion of the Forest City dam to the state.
Braving Tuesday's nor'easter to attend CEI's annual meeting in Brunswick, St. Croix Tissue Inc., was awarded CEI's “2017 Award for Expanding Economic Opportunity” for its $120 million paper mill that has created more than 80 jobs.
Local and state officials were joined by industry leaders in celebrating the formal opening of the St. Croix Tissue mill in Baileyville on Tuesday — the culmination of a $120 million project.