afacerilemn/woodbusinessportal

Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets

WoodBusinessPortal.com > Articles & News
15 October 2018
Member authentication
UserUser
PasswordPassword
no password?
Articles & News Articles & News

DREMA 2018 towards Industry 4.0



Building as tall as trees at Timber Expo - Press Release



China has increased its sales of softwood from Europe



DANA Conference for forestry industry and wood products will be held on 01-02 October 2018



LIGNUMEXPO-LES - the most important international exhibition of its kind in Slovakia



The price for softwood timber - in continuous growth - Press Release



The Global Forest Industry in the 1Q/2018 - Press Release



DMG`S NEW FURNITURE COMPONENT&MATERIALS EVENT AIMING TO OFFER THE ULTIMATE DESIGN TOOLKIT



Get the fastest, boldest vision of the future at UK Construction Week - Press Release



Expo Forestal 2018 PROMOTES THE FORESTRY SECTOR PRODUCTIVITY IN A SUSTAINABILITY APPROACH



Where East meets West: Silk Road theme announced for second INDEX design event of 2018



APBE - THE 7TH ASIA-PACIFIC BIOMASS ENERGY EXHIBITION 2018 - Press Release



Abrasive Grit Blasting, the Optimal Solution for Cleaning Wood Surfaces



The biggest business meeting for the forestry sector in September in Mostki!



Woodex Asia 2018, an International Exhibition & Seminar on Wood Industry



Expo Forestal 2018 - Biodiversity, Technology, Productivity



How wonderdful the petrified wood can be



This is the time for timber



Nanowood - a new type of insulator



Good prediction on Biomass



The charm of painted wood floors



How should a fabulous rustic home look like?



Balsa wood - the balance between softness and sturdiness



Lignetics bought New England Wood Pellet LLC



Glass Beads for Shot Peening and Cleaning of Surfaces



Press Release: The most significat innovations in forest technology over the past 10 years



Press Release: Which will be the Future Technologies for Food and Biomass Production?



US softwood lumber demand will reach record-hights by 2030



Future Suppliers of Softwood Lumber to the US Market



The Global Forest Industry in the 4Q/2017



New type of wood - stronger than steel

An increase in wooden products exports is expected this year

Furnidec Business, from 9 to 11 March, a landmark for furniture

How to use the white pin to rebuild a school

Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets

Two Okanagan projects have been remarked for excellence in wood architecture and design

The most celebrated projects at Wood Design Awards

Just five hours to mount a prefabricated house

THE SALES OF WOOD PROCESSING MACHINERY AND INTERMOB FAIRS ARE ON ITS WAY

German forests will be used much more as energy sources in the future

Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets


Lignetics Inc. now holds an even stronger position in the England and mid-Atlantic markets
Lignetics Inc. announced the acquisition of New England Wood Pellet LLC, which includes manufacturing plants in Jaffrey, New Hampshire. This means that Schuyler, New York; Deposit, New York; and Youngsville, Pennsylvania will give Lignetics a strong position in the New England and mid-Atlantic markets.

At the moment, Lignetics is the largest residential wood pellet manufacturing company in the U.S. which post-acquisition has a production capacity of approximately 1 million tons of wood pellets per year. The company is the only pellet manufacturer that has wood pellet manufacturing plants in the East, Central, and West geography with 13 plant locations.

New England Wood Pellet is being sold by the parent company Rentech Inc. Mark Wilson, New England Wood Pellet`s CEO, has agreed to provide consulting services through a transition to ensure a seamless experience for New England Wood Pellets customers, suppliers, and employees.

Financing for the transaction was arranged by Taglich Private Equity LLC, with an equity investment from Mill Road Capital. Will Morris, Managing Director of Taglich Private Equity noted that Lignetics continues to be interested in exploring additional add-on acquisitions.


Source article: biomassmagazine.com
February 28, 2018