$1 million grant for N.H. biomass burner project

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Efforts to install a wood-fired biomass burner at the Fraser Papers mill are getting a boost from a group that invests in economic development projects.

The New Hampshire Community Development Finance Authority recently approved a $1 million grant for the boiler project, but the governor and Executive Council have the final say on the grant awards.

Fraser Papers laid off 80 employees in April after high energy costs have forced it to close one paper machine. The total cost of the boiler project is about $16 million.

 

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