Pinnacle Renewable Energy Plans $95 Million Wood Pellet Plant In Alabama

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By Jerry Underwood
Made in Alabama

Gov. Kay Ivey today announced that Alabama Pellets, a subsidiary of Canada-based Pinnacle Renewable Energy, plans to invest $95 million to construct a production facility in Demopolis.

The Alabama Pellets facility is expected to have an annual production volume of 360,000 metric tons and will start industrial wood pellet production by mid-2021. The company has set an initial target of hiring at least 45 workers.

“We welcome the growth plans of Pinnacle and Alabama Pellets in our state,” Ivey said. “My administration has made it a priority to develop rural Alabama, and this manufacturing facility under construction in Demopolis will have a significant economic impact on Marengo County and create meaningful new opportunities for many citizens there.”

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