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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....

2 Billionth Tree Seedling Harvested In Virginia

First Lady of Virginia Dorothy McAuliffe helped harvest the 2 Billionth tree seedling grown by the Virginia Department of Forestry during a celebration March 29, 2017 at the Garland Gray Forestry Center in Sussex County. The First Lady and Virginia’s Secretary of...