GO Lab, Inc.

1 Main Street | Madison, Maine

Quick Summary

1 Main Street
Madison, Maine
September 2019
367,000± SF
Contact Broker: Tony McDonald, CCIM, SIOR

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GO Lab, Inc. purchased a former paper mill in Madison from Somerset Acquisitions LLC. GO Lab will use the facility to manufacture three types of wood-fiber insulation under the name Timber Pure Technologies. Once the mill is retrofitted for manufacturing, the operational facility will employ over 100 workers and produce more than 200,000 tons of softwood chips annually. GO Labs says that it will be the first company to manufacture wood-fiber insulation in the U.S.

The transaction was arranged by Tony McDonald, CCIM, SIOR.