Maine’s Sen. Susan Collins (R) announced Monday that Maine’s Forest Bioproducts Advanced Manufacturing Tech Hub — an economic development initiative led by the University of Maine — will be receiving $20 million in federal funding.
This award comes from the U.S. Department of Commerce’s Economic Development Administration and was personally announced to Sen. Collins by Commerce Secretary Howard Lutnick.
Although the Tech Hub was already selected for an award in January of last year, funding was withdrawn and the group was required to re-compete.
Collins explains in her press release that following this withdrawal she worked closely with the University of Maine to make the adjustments necessary to ensure that the grant application would be approved by the Commerce Department.
“This funding is welcome news for the University of Maine, Maine’s forest products industry, and the many partners working to build a stronger economic future for our state,” said Collins.
“I was proud to champion this forward-looking project, which will help find new and innovative ways to leverage our state’s bountiful natural resources, create good-paying jobs, strengthen domestic manufacturing, and help ensure that the forest products industry remains a cornerstone of Maine’s economy for generations to come,” Collins said.
Secretary Lutnick also publicly shared a statement celebrating the Tech Hub’s award.
“Senator Collins has been a tireless champion of Maine’s Tech Hub Program. We are pleased to announce our intention to fund this award, which will empower Maine’s innovators to develop new and advanced forest-based bioproducts, commercialize cutting-edge technologies, and strengthen domestic supply chains,” said Lutnick.
“President Trump remains committed to supporting the manufacturing industry and ensuring that jobs are created and remain in America,” he added.
With this funding, the Tech Hub will “support the development and commercialization of wood-derived alternative aviation fuel, advanced composites for construction, and safer packaging materials.”
Also part of the initiative’s mission is to expand workforce training and apprenticeship opportunities in advanced manufacturing.
