Drax Biomass moves HQ to Georgia

Drax Biomass, a development and operating company focused on manufacturing wood pellets from biomass, is moving its US headquarters to Atlanta, Georgia.

The news was announced by the Georgia Department of Economic Development (GDEcD), who also said the move will create 50 jobs in the Sandy Springs area over the next five years.

Drax Biomass is said to be investing over $1 million (€700,000) to lease a 10,000 square foot space in the Concourse building for seven years.

'After full consideration of our business requirements as we near the commencement of our operations in the Gulf region and seek further development opportunities in the southeast US, we have chosen to establish our new headquarters in Sandy Springs,' explains Matthew Rivers, chairman, Drax Biomass.

'When leading global companies such as Drax Biomass chooses Georgia to call home, it's clear that Georgia's competitive business climate not only continues to attract investment, but also supports companies in reaching the US market,' says GDEcD commissioner Chris Carr.