Sunday, October 16, 2011

Groveton EDA grant matched by $100,000 grant from the Neil and Louise Tillotson Fund

GROVETON -- North Country Council (NCC) has announced they have received a $150,000 grant from the US Dept. of Commerce/Economic Development Administration to assist with the redevelopment effort at the former Wausau and Groveton Paperboard Mill site in Northumberland. These funds are matched by a $100,000 grant from the Neil and Louise Tillotson Fund of the NH Charitable Foundation.

The purpose of the grant is to create a public/private partnership which will lead to new businesses and new jobs at the former mill site. NCC is working closely with town officials, the current owner and potential developers of the site, all of whom have supported the concept of utilizing the assets of the site----including the buildings, the ability to create heat and power on site, the wastewater treatment facility among other site assets ---to expand an existing and growing regional industrial cluster based on using agricultural products. Supported by these grants, this next stage of development activities will include identifying products, markets and distribution plans for crops and value-added products, business plans for any parts of the site better suited to municipal or nonprofit ownership, and physical site engineering needs such as operating a co-generation facility and wastewater treatment plant. These activities will be fine tuned over the next few weeks in consultation with the town and new owner of the site. More

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