Maine Fact Sheets, Stories, and Impact

Fact Sheet

Community Testimonials

The New Market Tax Credit program brings good jobs, economic vitality and hope to undercapitalized rural regions of Maine, New England and the United States.

Betsy Biemann, Chief Executive Officer, Coastal Entperprises Inc., Brunswick, ME

Maine NMTC Videos

Maine Project Profiles

St. Croix Tissue

St. Croix Tissue
Project City:
Baileyville
Project Year:
2014
In Baileyville, on the far east corner of Maine’s easternmost county, some workers drive from as far as two hours to reach the high-quality jobs at Woodland Pulp LLC (Woodland) …
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Quoddy

Quoddy
Project City:
Lewiston
Project Year:
2013
Established over 100 years ago, Quoddy is a high-end, hand-sewn shoe manufacturer. One of Maine’s last small businesses in a once-thriving industry, Quoddy needed new capital to develop its brand …
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Athens Biomass

Athens Biomass
Project City:
Athens
Project Year:
2013
The Maine Woods Pellet Company, an existing successful vertically-integrated, third-generation family owned white wood pellet manufacturing and timberland business based on a 55-acre site in rural Athens, Maine, added a …
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Molynlycke Health Care manufacturing

Molynlycke Health Care manufacturing
Project City:
Brunswick
Project Year:
2012
Funds the purchase and installment of medical manufacturing equipment at US processing facility of Mölnlycke, a Swedish-owned wound-care manufacturing, eliminating need to ship product overseas for conversion.Rynel, Inc – manufacturer …
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Educare Central Maine

Educare Central Maine
Project City:
Waterville
Project Year:
2011
NTMC financing funded Educare Central Maine, the first Educare site in New England. This early-childhood education center is designed to serve between 150 and 200 mostly low-income children from before …
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Grand Lake Stream Woodlands

Grand Lake Stream Woodlands
Project City:
Grand Lake Stream
Project Year:
2009
Grand Lake Stream Plantation is a town located in rural Washington County, Maine. It is home to just 125 year-round residents. The town’s economy is heavily dependent on the forest, …
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AMC Woods

AMC Woods
Project City:
Piscataquis County
Project Year:
2005

Gulf of Maine Research Institute

Gulf of Maine Research Institute
Project City:
Portland
Project Year:
2004
Construction of a 44,000 square foot marine research/education laboratory on the waterfront in Portland, with a mission of sup-porting the fishing industry in the Gulf of Maine. GMRI provides a …
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