Short and Sweet
A booming alternative energy product is losing its main supply source. New Hampshire Wood Pellets is ready to fill the void with a reliable source of certifiable premium wood pellets that exceeds industry standards.
Center Barnstead, NH
Jobs to Be Created
Why You Should Care
There is a direct correlation between the price of wood pellets and the price of diesel (oil).. When the price of oil spiked in 2008 (over $145 per barrel) the demand for wood pellets increased dramatically in the U.S. and in Europe. The recession hit and consumers, especially U.S. consumers cut back sharply and continued so as unemployment climbed. A concomitant effect of the recession was the downturn in the building of houses. Without houses being built there was a limited supply of sawmill residue (approximately 70% of all wood pellet manufactures rely on sawmill residue…NHWP will not).
The price of wood pellets during the last several months are continuing to increase.
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The general announcement does not constitute an offer to sell, nor a solicitation of an offer to buy, the securities that may be described in this announcement. Such an offer can be made only by means of a prospectus, offering memorandum, subscription document, or other offering documents.
Categories: Alternative Fuel