January 2020 Group Watch: Wood Pellet Factory Announced
It was recently announced that a $100 million wood pellet factory will be built in Demopolis. The plant will be located on the Tombigbee River so that pellets can be readily loaded on barges for shipment. The plant is scheduled to start production during the first half of 2021. Wood pellets are mainly used as a fuel for heating sources in Europe. Alabama has the second largest timberland base in the nation, and Demopolis is a growing hub for the timber industry in Alabama. A wood pellet factory is also under construction in Sumter County.
