Enviva wood pellet plant to bring $250 million investment to South Mississippi

  • 📰 MSTODAYnews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Industrial wood pellet manufacturer Enviva announced plans Tuesday to open a new production plant in Bond as the company’s fourth Mississippi location, expected to open in 2024. Construction is scheduled to begin next year.

  The company says it will have about 100 local workers in the Stone County plant and is investing $250 million in the project.  Enviva makes wood pellets that are shipped all over the world and burned to produce power as an alternative to fossil fuels.  “Enviva has worked closely with state and local officials, delivering new investments, positive economic impact and strong support for the local communities,” John Keppler, the company’s CEO, said in a statement.

This article first appeared on Mississippi Today and is republished here under a Creative Commons license.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How much in taxes will this company pay to Mississippi?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 275. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DeFi ‘Super App’ Parallel Finance Doubles Valuation, Plans Up to $60M Series BDeFi “super app” ParallelFi has raised $5 million, with its valuation doubling from last November to $500 million. Parallel will also launch an up to $60 million Series B round next quarter. BrandyBetz reports ParallelFi BrandyBetz 🎮 - to - 💰 BREAKING!! ⊶..࠭... ࠭࠭ ParallelFi BrandyBetz CheemsInu MemeTech ParallelFi BrandyBetz 🌳🌎 Hi! I am SEKUYA! 🏝🌟 The new earth multiverse! $SKUY sekuyaofficial 4 Worlds in 1 Metaverse 🤌✨ SKUY SKUYARMY Sekuya Multiverse MetaFi NFT
Source: CoinDesk - 🏆 291. / 63 Read more »

NJ’s offshore wind to bring $150 billion in private investment and power thousands of jobsOne representative from a renewable energy company says New Jersey is already emerging as a national leader in offshore wind.
Source: PhillyDailyNews - 🏆 89. / 67 Read more »