Did You know

Wood is sustainable, renewable, greenhouse-gas friendly, highly versatile, grown with relatively little effort. Forests provide clean air, water, wildlife habitat and biodiversity.

Farm Credit East salutes Maine forest products industry

Auburn, Maine, October 21, 2019 — In honor of Maine Forest Products Week, Farm Credit East recognizes the important contributions of the forest products sector to the state’s economy. According to Farm Credit East’s Northeast Economic Engine report, Maine’s forest products industry is responsible for $5.3 billion in direct sales annually, $8.8 billion in economic impact, and supports more than 40,000 jobs throughout the state.

“The forest products industry constitutes a critical business opportunity in the Northeast, especially here in Maine, and is a very important part of Farm Credit East’s portfolio,” said Fred Morton, Farm Credit East executive vice president.

In fact, forest products represent Farm Credit East’s second largest portfolio sector,

extending more than $700 million in loans to the forest products industry across the Northeast. Farm Credit East finances the diversity of forest products businesses, from those that own and manage the timberland, to the loggers who harvest and transport timber and biomass, as well as the manufacturing side of the industry, which includes pulp and paper, sawmills, biomass and small specialty mills.

To learn more about Farm Credit East’s service to the Northeast forest products industry, including a video interviewing Fred Morton on this diverse industry, visit FarmCreditEast.com.

News Archive
Calendar of Events

Maine Forest Products Week

Celebrate Maine Forest Products Week! Congress designated the third week of October (October 18-24, 2020) as National Forest Products Week (NFPW) to recognize the value of forest products and commit to conservation practices that help responsibly manage U.S. forests. This week celebrates the role and impact of forests and wood as an integral component to our nation's society. The week provides an opportunity to focus public attention on Maine’s forests and forest products industry and celebrate their importance to our state. Members of the industry, led by the Maine Forest Products Council, are planning a series of activities designed to engage and educate the public and the media.

When: Sun October 18 8:00 AM - Sat October 24 11:00 PM

MFPC Board Meeting

When: Thu November 12 1:00 PM - 7:00 PM
Where: MFPC Office, 535 Civic Center Drive, Augusta Maine
Membership Benefits

Up-to-Date Information
Sign up to receive MFPC Forest News, MFPC Forest Advocacy Review, Forest Products News, and Maine’s forest products industry.

 

Legislative Advocacy & Regulatory Monitoring
Make your voice heard in Augusta and Washington! MFPC employs three lobbyists who stay on top of legislative and regulatory initiatives affecting Maine’s forest products industry.

 

Networking
You’re invited! Take advantage of the Council’s many opportunities to visit with the who’s who of Maine’s forest products industry at any of our special events.

become-a-member