Sawmill Assets

  • Long term timber resource
    • Ideally located to utilize 3.2-million acre North Maine Woods resource – an association of industrial forest owners – directly accessed via Golden Road
      5.6-million acre woodshed within 90-minute drive of Millinocket
  • Forest Ownership and Certification
    • 93% of Millinocket woodshed privately owned
    • State-wide, 54% of forestland owned by large landowners
    • Nearly 50% of Maine’s forests are certified (2018)
      SFI – 7.21, FSC – 4.86, ATFS – 0.5, with 8.35 non-duplicative
  • Opportunities to utilize/develop other species
    • 13% of woodshed Eastern Hemlock standing volume of 5 million m3
    • Underutilized species with 85,000 m3 net growth in woodshed (2019)
    • Multiple efforts to test/certify use of hemlock in CLT
  • Golden Road
    • 96 mi, no weight limit, private road – One North to Quebec border
  • Streamlined permitting. Business-friendly, amendable SLODA (site and land) permitting

For industry reports on Sawlog Analysis, FOR-ME Wood Supply Analysis, and Sawmill Cost Study, please enter your name and email and select the report you would like to receive.

    Site Description

    • Existing Infrastructure
      • Less than 200 acres of brownfield, less than 1,200 acres of greenfield
      • 126 MW of low-cost, renewable hydropower
      • Direct connection with the private Golden Road
      • On-site access to NBM Railways
    • 2022 EDA Funded Infrastructure Improvements
      • 34.5 KV power supply to Greenfield tenants
      • Water main, fire hydrants and redundant pumps & power for site fire suppression
      • Sewer installation for connection by tenants
      • Renewable power distribution


    • Population of 52 million people within 500 miles


    • Proximate access to interstate
      • 12 miles from 1-95
    • Access to Canadian Pacific Rail (Rail spur)
    • Millinocket Municipal Airport
      • Town owned public use airport
      • Scheduled rebuild of one (4,700/1,433) (possibly two) runways in 2023

    Workforce Development Capacity

    • Katahdin Higher Education Center (KHEC) to tailor specific workforce development programs. KHEC is an off-campus site of Eastern Maine Community Center and the University of Maine system
    • Maine Department of Labor: On-the-job Training Funds


    • Pine Tree Development Zone (PTZ) – Tier 1 location and eligible industry sector
    • Business Equipment Tax Exemption (BETE)
    • Opportunity Zone (OZ)
    • Municipal Tax Increment Financing (TIF)
    • New Market Tax Credit (NMTC) – Our team can navigate NMTC financing for the overall development costs of a mass timber manufacturing facility. Example: $45M investment would create a $9M-$11M subsidy for the project
    • Employment Tax Increment Financing (ETIF)

    Other Benefits

    • 100% renewable hydropower
    • High fiber optic capacity
    • Grant opportunities- Our Katahdin to leverage grant opportunities and its relationship with architecture and higher education institutions for the expansion of the North American mass timber market
    • Research, testing, and product development engagement opportunities. University of Maine at Orono (less than one hour drive) is Maine’s foremost public research university with world-class engineering research facilities in CLT and related products
    • 4 seasons of world-class outdoor recreation, including hunting, fishing, biking, hiking, boating, snowmobiling, ATVing, and skiing

    For more information or to schedule a tour of the site, please contact