2010
Domtar mill sold; 300 jobs to be retained
An international investment holding company that trades almost exclusively in hardwood pulp has bought the Domtar hardwood market pulp mill in Baileyville.
Business & Development
2010
Canaport signs LNG contract
The Saint John LNG terminal earlier this month picked up a new contract to help ensure its supply of natural gas. On October 7 Repsol and Qatargas signed a multiyear agreement under which Qatargas will supply liquefied natural gas to Repsol Energy Canada Ltd. at the Canaport LNG facility.
2010
Fish farmers challenged by sea lice outbreaks
Sea lice outbreaks at salmon farms in Passamaquoddy and Cobscook bays this summer have contributed, along with warm water temperatures, to the loss of thousands of fish and presented a significant challenge to the industry, but the losses have not placed the fish farming companies in financial...
2010
Grant to fund Eastport-based energy center
Washington County and the City of Eastport are the successful applicants for $1,423,480 in federal funding to create up to 70 jobs over a three-year period and the first marine renewable energy manufacturing facility of its kind in the United States.
2010
ORPC tidal turbine generates power for Coast Guard vessel
Numerous state, local and federal officials and leaders of Ocean Renewable Power Company (ORPC) were in Eastport on August 24 to see a demonstration of the largest ocean tidal energy generator in the United States and to celebrate ORPC's successful generation of energy...
2010
Wind farm TIF funds creating economic development for UT
Funding opportunities for businesses and nonprofits in Washington County's Unorganized Territories (UT) will be growing by approximately $450,000 per year for the next 30 years.
2010
Goldman Sachs to sell interest in Calais LNG
Calais LNG stunned opponents of the project for the second time in a week, with its announcement on July 21 that its financial backer, GS Power Holdings LLC, which is a subsidiary of Goldman Sachs, is selling its interest in the project.