UPDATE – Major expansion of Ashland Sawmill announced

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Irving Forest Products rebuilt the Ashland sawmill in 2014, transforming the mill into a modern, world class facility. Since then, Irving Forest Products has continued to invest in the mill, helping to ensure that it continues to support the local economy and Aroostook community as a major employer.

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About Irving Forest Products
Irving Forest Products is one of North America’s leading producers of lumber and value-added wood products, and a division of J.D. Irving, Limited — a diversified family-owned company with operations in forestry, forest products, transportation, shipbuilding, retail, agriculture, and consumer packaged goods.

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About TD Bank U.S.
TD Bank US Holding Company and its subsidiaries, including TD Bank, N.A., are collectively known as TD Bank U.S. As the U.S. banking business of The Toronto-Dominion Bank (TSX and NYSE: TD), a leading North American financial services firm, TD Bank U.S. serves more than 10 million clients and has a network of approximately 1,050 locations throughout the Northeast, Mid-Atlantic, Carolinas and Florida. We support our clients and communities with a full range of retail, small business, and commercial banking products and services. We also offer customized private banking and wealth management services, a comprehensive suite of credit card products for consumers and businesses, and automotive vehicle financing and dealer commercial services. TD Bank U.S. is one of the largest banks in the U.S. by assets and is headquartered in Mount Laurel, N.J. To learn more, visit www.td.com/us.

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About Mascoma Community Development
Mascoma Community Development (MCD) is a CDE—established in 2013 as a wholly owned subsidiary of Mascoma Bank—with the primary mission of community development utilizing the NMTC Program. MCD seeks to provide low-cost flexible funding to businesses throughout the United States and emphasizes creating and retaining quality jobs in highly distressed low-income communities nationwide. Mascoma Bank is a $2.99B mutual community bank and Benefit Corporation, serving Northern New England. Mascoma Bank is a member of the Global Alliance for Banking on Values, a Certified B Corporation®, an Equal Housing Lender, and a Member FDIC.

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About CEI Capital Management
CEI Capital Management works nationally to connect new and existing rural manufacturing companies with flexible capital through the Federal New Markets Tax Credit (NMTC) Program and the Maine New Markets Capital Investment (NMCI) Program so they can build good jobs that provide living wages, comprehensive benefits and opportunities for training and advancement. Since 2004, CCML has placed over $1.2 billion of NMTC/NMCI capacity in over 100 projects. CCML is a wholly owned subsidiary of Coastal Enterprises, Inc. (CEI), a Maine-based nonprofit community development financial institution.

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About Evernorth Rural Ventures
Evernorth Rural Ventures, a subsidiary of Evernorth, is a qualified rural Community Development Entity that uses its New Markets Tax Credit resources to support investment in the economic, environmental, and social well-being of northern New England communities and its regional economies. Funds are used to retain and create quality jobs and expand essential goods and services by financing key community developments in downtown and village centers and in other concerted community efforts that demonstrate positive impacts to low-income persons and communities. Learn more about Evernorth Rural Ventures at www.evernorthus.org/financing-and-investing/evernorth-rural-ventures.

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About MHIC

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MHIC is a nonprofit community development financial institution based in Boston that finances affordable housing and community development throughout New England. Through its lending, equity, and New Markets Tax Credit programs, MHIC invests in housing, community facilities, and jobs-focused industrial and commercial projects in the region’s most distressed communities. To date MHIC CDE has deployed over $1 billion in NMTC Allocation to 123 projects across 7 states.