Major expansion of Ashland Sawmill announced

Impact · against what's priced in

The Ashland Sawmill expansion provides a marginal positive for TD through its community development arm's role in facilitating the project. However, as a small-scale community investment relative to TD's total balance sheet, the impact on the stock price is minimal.

TD+0.10

No priced-in read yet

In context

TD Community Development Corporation facilitated $59 million in total NMTC investments and allocations for a project that will double lumber production capacity to 250 million board feet.

Read from the article alone

• tax credits▲500%
• infrastructure
• TD
• economic development
• forestry
• lumber
• maine
• manufacturing
• sawmill