Officials preparing to close on $85 million bond to begin construction at former Madison mill

MORNING SENTINEL • September 14, 2021

Investments in the town’s old mill were a focal point of discussions this week as officials looking to repurpose the structure prepare to close on an $85 million bond. GO Lab Inc. is a Belfast-based building products manufacturer. The business closed on the former Madison Paper Industries mill in 2019 in a $1.9 million deal. When it’s up and running, GO Lab will make three types of wood fiber insulation, which has been on the market in Europe for more than 20 years.