Maine pellet producer plans expansion
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.
The facility has been working closely with Maine Gov. Paul LePage’s administration and the Maine Department of Economic and Community Development in pursuit of its expansive goals, and the DECD is providing the company with an incentive package to aid in the expansion. According to the DECD, the expansion project is expected to create 18 new jobs.
“The incentive package, presented by DECD, will give us the ability to purchase the equipment needed to increase production and hire more people,” said Ken Carle, chief financial officer of Corinth Pellets.