Core Industries Plans Facility For Pellets Handling
Core Industries plans to invest $8.75 million to construct a processing and storage facility at its port facility in Mobile County to support a contract to handle wood pellets for CM Biomass, according to the Mobile Chamber and the Industrial Development Authority.
The project will create 28 jobs over the next five years. As part of its agreement with CM Biomass, Core Industries will receive, store and load wood pellets for shipment. To advance the collaboration, Core will build two warehouses, each spanning 57,600 sq. ft., at its existing location on Claudia Lane in Theodore, near Mobile.
Core Industries operates one of the largest privately held port facilities in the Southeast and boasts impressive capabilities to handle multiple vessels simultaneously, with a depth of 40 ft. and two docking facilities.
Denmark-based CM Biomass, one of the largest independent wood pellet trading companies in the world, has a pellet production facility in Jackson, Ala.
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