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Business & Development

2014

First shipment of wood chips slated for July

Although the first wood chip shipments through the Port of Eastport have been promised before and not materialized, port officials and shippers feel confident that a vessel will be loaded with a trial shipment of wood chips by the end of July.

2014

Pros, cons of land-based fish farming debated

The push for finfish aquaculture to move from net pens in the water to closed containment systems on land has been gaining momentum, as advocates promoting land-based systems believe they will reduce or eliminate some of the problems...

2014

Boatbuilding company to start production in Eastport by May

The boatbuilding company Millennium Marine USA will be starting up on Monday, April 28, reports President Cory Guimond.

2014

Economic downturn affects port budget

Reflecting the hard winter and the slow arrival of spring, the Eastport Port Authority board adjusted its 2014 financial projections downward, at its April 22 meeting.

2014

Technology change not anticipated to impact pellet plans

A change in technology for producing the wood pellets at the facility planned by Thermogen Industries in Eastport will not affect the company's interest in the project. Scott Tranchemontagne says, "Our commitment to Eastport remains as strong as ever.

2014

Mill’s two tissue machines to create 80 jobs

Baileyville's Woodland Pulp mill will have from 60 to 80 new employees by the end of the first quarter of 2016 because of a planned expansion by owner International Grand Investment Corp (IGIC). Currently the mill employs a little over 300 people.

2014

Craig’s set to buy seafood pie firm’s assets

The pending sale of the Trescott-based Cobscook Bay Company's intellectual and equipment assets to Craig's All Natural of New Hampshire for the sum of $10,000 was not the news the Washington County commissioners hoped to hear from Sunrise County Economic Council (SCEC) Executive Director...