Green Circle Bio Energy plans second plant
Cottondale, Fla.-based Green Circle Bio Energy Inc. has announced plans to locate a $115 million wood pellet manufacturing facility at the George County Industrial Park in Lucedale, Miss., a community located approximately 40 miles northwest of Mobile, Ala.
The 500,000-ton-per-year plant is expected to be operational in the spring of 2015. It will produce pellets for shipment from the Port of Pascagoula near the Mississippi-Alabama border to European markets.
The Mississippi Development Authority provided assistance in support of the project for infrastructure need at the project site. George County also provided assistance to the facility.
“We are looking forward to being a part of George County and its future economic growth. The Industrial Park is the ideal location for our expansion,” said Morten Neraas, CEO of Green Circle Bio Energy.
The company also operates a pellet plant in Cottondale, Fla. The 560,000-ton-per-year facility began operations in 2008.