Enviva Closing Amory Mill in Mississippi
Emerging from bankruptcy in late 2024, Enviva announced in early February that it was closing its Amory pellet plant in northeast Mississippi. The Amory facility was the company’s first plant operated in the U.S. and was acquired in 2010. According to a company statement on the Amory plant closing, officials are reviewing the overall operational efficiencies of all the company’s pellet manufacturing operations as the company recovers from bankruptcy. As the oldest and smallest volume plant Enviva operated, “Amory facility’s infrastructure and operations, along with the relationship of its size and scale relative to the rest of our portfolio, it has been decided resources are better invested in other areas moving forward,” company officials stated.
Latest News
Texas Timber Industry Strong Despite Struggling Oil Industry
The East Texas timber industry is remaining strong, despite the continuing woes of the oil industry. Industry experts believe the falling prices are allowing for smaller companies to save money when it comes to transportation of lumber. "Trees are heavy, wood is...
Molpus Woodlands Group Acquires Florida, Georgia Timberland
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of clients, the successful purchase of approximately 87,225 acres of timberland in northern Florida and southern...
Have A Question?
Send Us A Message