I guess the mills here in the states must be catching up if we can afford to send them overseas. I would hate to sell away what we need here.
The Alabama State Port Authority on Tuesday set in motion plans to fill two vacant warehouses with wood pellets and make $4.5 million in improvements to a loader at McDuffie Coal Terminal.
Among lease agreements approved by the authority was a 10-year, $480,000 annual deal with wood-pellet company New Gas Concepts Inc. on two warehouses totaling 141,670 square feet.
The pellets would be shipped to Europe, where they are in high demand.