When Alan Casavant spoke from the ground floor of Biddeford’s new parking garage on Tuesday, July 13, he talked about vision. He also talked about the recent past too — going back 10 years, when he was first elected mayor of this old mill city, built on the banks of the Saco River many years […]
Following the successful conclusion of its first half-decade in business, Treadwell Franklin Infrastructure Capital LLC (“TFIC”) is pleased to announce it has finalized and initiated the execution of its second five-year strategy and business plan for FY2021-2025. Kick-off of the plan is punctuated by the inaugural meeting of the newly constituted TFIC Advisory Board on […]
Biofine Developments Northeast Inc. of Bangor has formed a partnership with Sprague Resources LP to produce a patented biofuel made from forest product waste. A technician takes a reading from an apparatus that turns wood waste into biofuel in this 2017 photo of Biofine’s test facility in Old Town. The company plans to open another […]
Zero emission heating fuel to be produced exclusively from waste materials PORTLAND, ME – October 20, 2020 – Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) (NYSE: SRLP) are pleased to announce a transaction focused on bringing the next generation of advanced biofuel, ethyl levulinate (EL), to the market. Biofine and Sprague have […]
TFIC bringing economic and social benefits to life YARMOUTH, ME – Treadwell Franklin Infrastructure Capital (TFIC) www.tficapital.com is wrapping up its fifth year in business, and is proud to be celebrating the 140th year of continuous operation of its wholly owned engineering subsidiary, Sewall. www.sewall.com. TFIC is a developer, owner, and servicer of municipal and institutional […]
Years in the making, city officials hope the parking garage will be a key component in the revitalization effort for the city’s mill district. The garage is one of the first steps the city is taking to revitalize the mill district, and city officials hope it will facilitate the area’s economic development. As a result […]
The Maine Port Authority and Icelandic shipping company Eimskip are collaborating on a new initiative to put Maine on the international map, one pallet-load at a time.
What these three things have to do with one another probably seems obscure or tenuous, and quite pale in importance in the current circumstances. But bear with me for a moment. If the global medical emergency has demonstrated anything, it has highlighted how quickly inadequate resources become strained, and how critical society’s underpinning institutions and […]
A consortium of private companies plans to build a freezer warehouse for $25 million to $30 million to expand Maine’s only shipping container terminal. A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland. The consortium of private developers submitted plans to the city last week to build a […]
TFIC and its subsidiary business, Sewall, entered into a preliminary development agreement with the Town of Biddeford. See the story in the Journal Tribune.
The agreement is a significant step towards decarbonizing the heating oil market and commercializing Biofine’s patented technology. Biofine Developments Northeast Inc. (Biofine) and Sprague Resources LP (Sprague) are pleased to announce a transformative, long-term agreement that will bring the next generation of advanced biofuel, ethyl levulinate (EL), to the market. Sprague will also market EL, […]
On March 20, 2023, the Lincoln Town Council voted to approve a 20 + year lease between the Town of Lincoln and Biofine Developments Northeast (BDNE) for the development of a biofuels refinery on the site of the former Lincoln Pulp & Tissue Mill, now known as the Lincoln Technology Park. Construction of the project […]