AUGUSTA, Maine (NEWS CENTER) -- After two years of discussions between International Grand Investment Corporation and the LePage Administration, a $120 million investment will bring new jobs to Washington County.
The money will bring two new tissue machines to St. Croix Tissue in Baileyville. The project will result in the creation of up to 80 new jobs along with another 200-300 indirect jobs in the form of vendors and suppliers.
LePage says the investment is one that the state hasn't seen in decades in the pulp and paper industry.
The $120 millionproject is already underway. The first tissue machine has already been ordered and is scheduled to be up and running in the first quarter of 2015, with the second machine coming a year later.