Wood pellets being prepared for shipment. Photo from ThermaGlo
The Mohegan Tribe of Connecticut has completed the purchase of two more wood pellet production facilities. The tribe entered the industry earlier this year. Northeast Wood Products, a tribal subsidiary, now owns production facilities in Indiana, Ohio and Tennessee. "We have expectations far beyond that," Guy Mozzicato, the firm’s president, told The New London Day. The three plants will be able to produce 250,000 tons of wood pellets per year, according to news reports. That puts the tribe's company in the top 10 percent of producers in the nation, the Day reported. The products will be marketed under the ThermaGlo name. Get the Story:
Mohegans buy two more wood pellet plants (The Hartford Business Journal 9/29)
Mohegans expand wood pellet subsidiary (The New London Day 9/30) Related Stories:
Mohegan Tribe to open first Smashburger location in December (09/16)
Mohegan Tribe breaks ground on first of 15 chain restaurants (07/23)
Mohegan Tribe continues efforts to diversify economic holdings (07/15)
Mohegan Tribe to bring 16 Smashburger locations to Northeast (06/06)
Mohegan Tribe diversifies economy with wood pellet factories (5/30)
Join the Conversation