Northeast Wood Products Growing its Market Share

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UNCASVILLE, CT — March 31, 2015 — Continuing an impressive move into the wood pellet production industry, the two heat pellet manufacturing facilities owned by Northeast Wood Products LLC (“NWP”) are fully operational with additional production locations to be announced soon.

Less than a year since the first facility purchase, both the Peebles, Ohio and Ligonier, Indiana plants have been retrofitted and are operational. In November 2014, NWP acquired the pellet manufacturing equipment of Anderson Hardwood of Louisville, Kentucky, the machinery is being reconditioned and will be relocated. Once operational, capacity will be increased by another 35,000 tons annually.

“We are steadfast in moving forward with our plan to grow exponentially in the heat pellet market,” said Guy Mozzicato, President of NWP. “Our product has been widely accepted and we see considerable growth in 2015 to meet the demand we are experiencing”

Keeping with NWP’s mission of producing high efficiency and low cost heating products, the home heating pellets meet or exceed Pellet Fuels Institute and EN A1+ quality standards. The product line, ThermaGlo® Premium Wood Pellets, are created from wood fiber waste and untreated residues generated from wood processing. ThermaGlo® can be found retail at Home Depot®, Lowe’s®, and Rural King®.