Idaho-based pellet producer Lignetics has announced that it has acquired Geneva Wood Fuels from GF Funding.
One of the largest residential wood pellet manufacturing companies in the US, Idaho-based Lignetics, Inc., has announced the acquisition of Geneva Wood Fuels (Geneva) pellet production facility in Strong, Maine from GF Funding LLC. The facility produces hardwood pellet fuel for residential and commercial use. The deal enables Lignetics to expand its overall production capacity to over 500 000 tonnes per annum and makes it the only pellet producer that has manufacturing plants on both the East Coast and the West Coast with a spread of six plant locations in the states of Maine, Oregon, Idaho, West Virginia and Virginia.
Founded in 1983, Lignetics is one of the pioneers of wood pellets and compressed wood fire logs manufacturing that also includes flavoured BBQ pellets and animal bedding.
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