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Drax Biomass Moving Corporate Headquarters To Louisiana

Drax Biomass, which operates two Louisiana wood pellet manufacturing facilities as well as a shipping operation in the Port of Baton Rouge, will move its corporate headquarters from Atlanta to Monroe. Company President Pete Madden said the move allows Drax “to...

Drax Biomass Acquires Louisiana Pellets For $35.4 Million

Wood pellet producer Drax Biomass has acquired Louisiana Pellets with a winning auction bid of $35.4 million. The auction for the bankrupt Louisiana pellet manufacturer culminated on March 30. Louisiana Pellets had filed for Chapter 11 bankruptcy with the U.S....