Vermont Wood Pellet (VWP), a US-based pellet producer, has won a share of a $750,000 (€572,500) grant provided by the Working Lands Enterprise Fund.
The company has said its $38,153 windfall will be spent on upgrading its equipment to increase production output and overall efficiency by reducing the amount of waste made during the process.
Its facility turned out 15,500 tonnes of hardwood pellets last year.
‘We hope to now get that figure up to 16,000 for the next season,’ VWP co-owner Chris Brooks was quoted as saying. ‘By ramping up production to capacity, we could even start to consider opening up another facility in the future too.’