GOLab secures financing for the construction of the Madison plant

GOLab secures financing for the construction of the Madison plant

The building products manufacturer bought the mill in 2019 in a $1.9 million deal.

GO Lab intends to produce three types of wood-fiber insulation, employing 120 people at the Madison mill.

Highlights

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  • To finance construction, it sold tax-exempt green bonds issued by the Finance Authority of Maine.