Source: Hellerman Baretz Communications LLC press release
Richmond, VA — Enviva LP, a leading manufacturer of processed biomass fuel in the United States and Europe, announced today that it has acquired a controlling interest in Tomorrow’s Energy, LLC and its Piney Woods pellet manufacturing facility in Wiggins, Mississippi.
Under Enviva’s ownership, Piney Woods will be renamed Enviva PelletsTM Wiggins and will increase annual production from 50,000 tons of wood pellets to 150,000 tons.
Piney Woods Pellets is an alternative-fuel company founded in 2008 by third-generation timber owners Osmond and Deborah Crosby.
Enviva anticipates creating 22 new jobs at the facility and providing jobs for an additional 30 employees throughout its logging and forestry supply chain.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info