Gagnon Lumber secures vital grant ensuring mill's future in Vermont

The Senate Agriculture Committee meeting held on February 12, 2025, focused on the impact of grant funding on local mills in Vermont, particularly highlighting the success of Gagnon Lumber in Pittsfield. The discussions underscored the critical role of financial support in sustaining operations amid challenging market conditions for wood products.

Mark, a representative from Gagnon Lumber, emphasized that without the recent grant, the future of the mill would have been uncertain. He noted that the mill had only about five years left with its current generators, and the grant was essential for ensuring its continued operation. The conversation revealed a broader concern for the wood products industry in Vermont, which is currently facing survival challenges rather than growth, with many mills at a tipping point regarding their viability.

The committee members expressed their satisfaction with the outcomes of the grant program, which has provided crucial support to local businesses. They acknowledged the importance of these grants in fostering resilience within the industry. Additionally, it was clarified that while fiscal year 2025 will not include supply chain infrastructure investments due to funding limitations, core business enhancement grants will still be available, capped at $50,000.

The meeting concluded on a positive note, with committee members expressing their appreciation for the success stories emerging from the grant program, reinforcing the importance of continued support for Vermont's agricultural and wood products sectors.