In early September Pinnacle announced an agreement to purchase a 70 percent stake in an Industrial wood pellet production facility in Alabama, the move will help to increase the company's profile in Europe where the majority of the Alabama pellet product is destined.
With their investment in the southern USA, Pinnacle is also looking forward to exploring other growth opportunities in Alabama and Mississippi.
The biomass energy company is also exploring opportunities a little closer to home, with a new facility recently opened in Entwistle, Alberta, that production operation is prepared to deliver product to the Westview Terminal on Prince Rupert's Waterfront.
The shipments bound for international markets and set to transit CN's northern line from the central Alberta facility to the terminal on the North Coast.
The shipments bound for international markets and set to transit CN's northern line from the central Alberta facility to the terminal on the North Coast.
Westview Terminal could see production levels pick up significantly as as production facility in Alberta opens |
The Alberta expansion and the Alabama move mark the first time that BC based Pinnacle has moved its scope of operations outside of the province.
Among its investments in the Northwest, Pinnacle operates pellet plant facilities in Smithers, Houston and Burns Lake, the company is also in the midst of planning for a production operation in South Hazelton.
For more items of note related to Pinnacle Pellet see our archive page here.
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