AP reports on new EDA funding to help forest products sector

The Associated Press reported U.S. Sens. Susan Collins and Angus King and U.S. Rep. Bruce Poliquin announced the University Center Economic Development Program at the University of Maine and University of Southern Maine will receive $116,667 in grant funding from the U.S. Economic Development Administration to support technical assistance for Maine’s forest products sector. In June, the senators wrote a letter to the EDA in support of the project, according to a news release. “The continued effort to strengthen the forest products economy requires an all-hands-on-deck approach, which is why we welcome this additional investment from the Economic Development Administration,” said Sens. Collins and King and Rep. Poliquin in the joint statement. “Working together, our universities can continue to play an active and important role in building a brighter future for the Maine forest products sector and for our economy as a whole.” Maine Public and San Francisco Chronicle carried the AP report. Mainebiz also published an article on the funding.