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Maine Company Seeks To Produce Innovative Wood-Fiber Insulating Boards

Maine’s glut of softwood fiber created by closed paper mills makes the state an ideal location for a factory that can produce insulation board from wood, a Belfast architectural and construction firm says, and it’s trying to find a European manufacturer that shares that vision.

GO Logic, which specializes in energy-efficient buildings, says it’s negotiating with undisclosed companies that make wood-based insulation board in Europe, where the product already is in commercial use. The goal is to have a plant operating here within two years.

Two of GO Logic’s executives also attended an affordable housing conference Aug. 3 and 4 in Philadelphia. One of them, GO Logic co-founder Matt O’Malia, was an invited speaker and discussed the company’s efforts. They also planned to line up commitments from a retailer in the New York City area to carry the product, as well as some contractors and a prefab builder. That’s crucial to attracting financing.

GO Logic also has been in discussions with a Maine lumber company that could be a source of sawmill waste, as well as a family-owned lumber yard with nine stores in Maine’s midcoast.

Taken together, these actions are another example of how businesses are looking at Maine’s abandoned paper mill sites and surplus capacity in wood harvesting to create new opportunities. Other efforts involve biofuels, agriculture and electricity generation.

From the Portland Press Herald: http://www.pressherald.com/2017/08/17/company-works-multiple-angles-to-produce-innovative-insulating-boards-in-maine/

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