Business

Group unveils blueprint to grow Maine’s timber industry by 40 percent

Maine’s forest industry could enter a “second golden age” if it invests in making a diverse array of timber products, extending beyond paper and the traditional building materials that once buoyed the state’s economy, an industry group said Tuesday.

FOR/Maine, a coalition of people who have spent the past two years studying the industry’s future, outlined a blueprint Tuesday to help it rebound.

The panel of industry players and researchers hope their five-point plan will steer the once-prosperous industry to grow 40 percent over the next six years — from $8.5 billion to $12 billion by 2025.

To read the rest of “Group unveils blueprint to grow Maine’s timber industry by 40 percent,” an article by contributing Bangor Daily News staff writer Callie Ferguson, please follow this link to the BDN online.

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