Pellet Mill Holds Ribbon Cutting
Jackson Pellets, LLC in Jackson, Ala., held a ribbon cutting March 22 at the new wood pellet manufacturing plant. Mayor Paul South welcomed the invited guests and introduced Todd Bush, head of CM Biomass North America, the parent company of Jackson Pellets. Bush told the group that the Jackson plant is the crown jewel of all the facilities he’s been a part of.
The mill represents a $21 million investment and is expected to employ 45 to 50.
CM Biomass, a company based in Denmark, has 10 other facilities in the U.S. Bush said that everything they have learned from building other facilities has been applied at Jackson in building the mill from the ground up. He said that the product manufactured in Jackson will go to Mobile as does product from other facilities in Mississippi, Tennessee and Alabama.
Latest news
Enviva Takes Huge Stock Price Hit
Enviva’s stock price, which has been falling all year from a high of $51 in January, sank to under a $1 a share on Thursday after a new interim CEO delivered a sobering third-quarter earnings call that raised questions about the company’s viability, blaming unfavorable wood pellet pricing, problems at a plant in Virginia, higher interest expenses and other factors…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.