W O R K F O R M E / S P R I N G 2 0 2 6 30
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But, until just recently, he was
running into challenges raising
capital to finance the operation.
He may have turned the corner
with a recent loan guarantee from
the U.S. Department of Agricul-
ture's rural development program.
Maine Plywood USA, as the
Bingham operation will be known,
receives $11.9 million through the
USDA program.
The factory — which will be
in a former plywood production
site — is expected to employ up
to 95 people.
"This investment reflects the
USDA's and Trump Administra-
tion's commitment to investing
in our natural resource industries
in rural America. In Maine, the
forest products industry has a
long tradition of strengthening
our local economies. This support
for a Maine timber business is an-
ticipated to create economic pros-
perity and jobs in rural Maine,"
« C O N T I N U E D F R O M PAG E 2 7
M a n u f a c t u r i n g
Jared Lebel, a welding instructor at the
BIW Training Academy, practices a complex
weld to keep his welding skills sharp so he can
teach the weld to students at the academy at
Brunswick Landing.
F I L E P H O T O / T I M G R E E N W A Y
