Why people are investing $650M in Skowhegan

BANGOR DAILY NEWS • January 30, 2023

Of projects coming to Skowhegan, totaling about $650 million, Sappi’s $418 million investment to boost the production of packing and speciality papers at its Somerset Mill is the largest. New Balance wants to spend an estimated $65 million to expand its operations. Other projects include a new $75.4 million elementary school projected to open in August 2025 and a $1.6 million early childhood center; Maine Grains CEO Amber Lambke’s $15 million multi-use building project; a $10.5 million broadband expansion; an $8.5 million public safety building; $5.4 million affordable housing apartments on Mary Street; four solar projects in different phases totaling a little more than $23 million; and the $12 million Skowhegan River Park.