Posts tagged with
Dixie Pellets

Alabama Pellet Project Awarded $5.3M In New Markets Tax Credit, Adds New Jobs

U.S. Bank and partners has provided $5.3 million of federal and Alabama New Markets Tax Credit equity for Zilkha Biomass Energy to renovate a former Dixie Pellets facility in Selma. U.S. Bank, Stonehenge Capital Company and AMCREF Community Capital announced today that they had closed on the financing to help Zilkha transform the facility into […]

Dixie Pellets Closes, Possible Bankruptcy

Alabama’s only major wood fuel pellet manufacturer has closed and may be filing for bankruptcy. Dixie Pellets, based in Selma, closed on September 1 when employees arriving for work were told to go home. According to a local news report, plant manager Bruce Gornto cited an “unforeseen financial issue” that arose, leaving the company without […]

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