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Belfast-based company secures $85 million in financing to launch manufacturing operation at Madison mill

Belfast-based company secures $85 million in financing to launch manufacturing operation at Madison mill
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United statesKennebec riverJosh henryTim curtisMadison paper industriesOgo labAuthority of maineEuropean unionNorth americaMain streetMadison paperManager tim curtisFinance authorityJanet mills

GOLab secures financing for construction at Madison mill

MADISON, Maine (AP) Belfast-based GO Lab has secured the $85 million in financing needed to begin transforming the former Madison Paper Industries mill. GO Lab intends to produce three types of wood-fiber insulation, employing 120 people at the Madison mill.

United statesJosh henryMadison paper industriesOgo labAuthority of maineFinance authorityNew markets tax credit

Belfast-based company secures $85 million in financing to launch manufacturing operation at Madison mill

GO Lab announced Thursday that Cianbro construction will move forward to install three manufacturing lines at the former Madison Paper Industries complex.

United statesKennebec riverJosh henryTim curtisMadison paper industriesOgo labAuthority of maineEuropean unionNorth americaMain streetMadison paperManager tim curtisFinance authorityJanet mills

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GO Lab to sell $85M in bonds for mill renovation

GO Lab, a wood-fiber insulation company, plans to sell $85 million in bonds for the renovation of the long-shuttered paper mill in Madison.

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