The project recently announced a $7.5 million jobs creation fund aimed specifically at increasing employment in the North Country. The announcement of the fund follows months of discussions with local leaders and business people about the economic challenges in Coös County, and how the project can bring additional value to the area that is above and beyond the construction jobs and tax benefits associated with the project.
The fund will be managed by an advisory group made up of Coös County business and economic development leaders and elected officials and will ultimately decide what jobs creation efforts will be funded, and at what amounts.
Gary Long, President of Renewable Energy Development for New Hampshire, along with Former State Senator John Gallus and Allen Bouthillier of A.B. Logging announced the creation of the fund at an event in Lancaster at A.B. Logging on August 19th.