Indufor North America is Supporting Growth of the Forest Products Sector in Maine

October 27, 2020

Indufor North America recently visited four communities in Maine as part of our ongoing work with Forest Opportunity Roadmap (FOR/Maine), a cross-sector public-private collaboration we’ve been proud to support since 2018. Following health guidelines, Jeffrey Hatcher and Michael Owen were able to visit beautiful Maine once again to meet with important stakeholders representing industry, government, and civil society. Indufor’s current work is part of Phase II of FOR/Maine, which aims to grow the forest products sector 40 percent by 2025—enabled through investment attraction into the state’s emerging bioeconomy.

Indufor and FOR/Maine are taking special interest in the communities of Lincoln, East Millinocket, Millinocket, and Ashland and had the opportunity to visit each site. We were impressed by the determination to diversify the economy and expand on current assets in place through mill sites and workforce training programs. While there, we discussed a range of new product opportunities including cross-laminated timber (CLT), laminated veneer lumber (LVL), pyrolysis oil, and nanocellulose. All of these products can serve an important role in Maine’s bioeconomy and create additional jobs for communities.

Indufor is committed to the future of the bioeconomy in Maine, and the time spent safely with community leaders gives us hope that we’ll continue to see growth in economic development and opportunities for the state.

Maine

To learn more about For/Maine: www.formaine.orgIndufor

Indufor is a global leader in Natural Resources Management, Investment Advisory, and Strategic Industrial Development consulting. We support our customers to compete and sustainably grow in international markets. Indufor has offices in Finland, New Zealand, Australia and the United States, and representation in China. We have 40 years of experience in more than 100 countries. Our services support our clients to make the world more sustainable and greener.

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Jeffrey Hatcher

Managing Director of Indufor North America

Michael Owen

Analyst

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