Effingham Pellets, a subsidiary of Charles Ingram Lumber Company, has announced plans to establish operations in Florence County, South Carolina.
The newly formed company is a wood pellet manufacturer and distributor that supplies wood pellets for export sale to Europe. The firm’s $5.4 million (€4.56 million) investment is estimated to create 10 jobs.
Once up and running, the Florence County facility will produce pellets to be burned in place of coal at European plants.
“We are excited to begin operations in Florence County, where we will be able to produce power solutions that promote sustainability on an international scale,” a spokesperson at Effingham Pellets commented. “Effingham Pellets looks forward to being an important partner to Charles Ingram Lumber Company and the community as a whole.”
South Carolina Governor Henry McMaster said: “We are proud to celebrate Effingham Pellets’ investment in South Carolina and our people.
“Anytime a company is able to set up shop here, it proves what we already know – that we have one of the most competitive business environments in the world and a workforce that can get the job done.”
Operations are expected to begin in June 2021.