"Focus on the Augusta-Waterville Region" piece on how the Pine Tree Zone designa

Source

Mainebiz

Date

1-5-2004

Pages

25-27

Abstract

"Focus on the Augusta-Waterville Region" piece on how the Pine Tree Zone designation might affect the Augusta-Waterville area. Companies who qualify have to create new jobs and prove they couldn't have done so without the incentives. Paul LePage, general manager of Marden's Surplus and Salvage, which purchased the former Kimberly-Clark paper mill in Winslow, says Maine's tax code is the real problem. The effort to create a Kennebec Valley Pine Tree Zone is largely due to the efforts of Ken Young, executive director of the Kennebec Valley Council of Governments. It is possible that the next round of legislation will expand the incentives for businesses to locate in the zones. With details on the Pine Tree Zone designation and its impact.

Subjects

Economic development districts, Pine Tree Development Zones

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