Corinth Wood Pellets takes on expansion project
Corinth Wood Pellets in Corinth, Maine, is investing $7 million in a planned expansion project.
Operating since 2007, the 70,000-ton-per-year plant was sold in December to the E.J. Carrier Inc., a trucking and forest products company, according to former CEO George Saffron. The company couldn’t be immediately reached for comment on the expansion.
The 70,000-ton facility has been worked closely with Maine Gov. Paul LePage’s administration and the Maine Department of Economic and Community Development (DECD) in pursuit of its expansive goals, and the DECD is proving the company with an incentive package to aid in the expansion.
The investment is expected to lead to the creation of 18 new jobs for Corinth Wood Pellets, which will be created over the next couple of years.