Gov. Tate Reeves announced today that wood biomass producer Enviva is opening its fourth Mississippi facility by locating manufacturing operations in Bond in Stone County. The project represents a corporate investment of $250 million and will create approximately 100 direct jobs and more than 250 indirect jobs. The plant will have an annual economic impact of more than $250 million in the region.
Enviva is a leading global energy company specializing in sustainable wood bioenergy. The company is the world’s largest producer of wood pellets, which provide a low-carbon alternative to fossil fuels.
In addition to the new Bond operations, Enviva has manufacturing operations in Amory and Lucedale, as well as a deepwater marine terminal at the Port of Pascagoula, which serves as a shipment point for pellets produced in the Gulf Region. From the marine terminal, Enviva ships wood pellets to customers across Europe and Asia.
The Mississippi Development Authority is providing its support for site development work and public infrastructure needs. Enviva also has been certified for the Advantage Jobs Rebate Program, which is designated for eligible businesses that create new jobs exceeding the average annual wage of the state or county in which the company locates or expands. Stone County, the city of Wiggins and the Stone County Utility Authority are also supporting with the project.
Enviva selects locations for investment in new, fully contracted production facilities based on a combination of business factors, including proximity to robust and growing wood fiber baskets and an accessible and skilled workforce. The Bond site in Stone County exemplifies both, and the timber industry has played a significant role in Stone County’s economic development. Forests cover a majority of the state with about 72 percent under private ownership. Enviva does not own forestland but works with suppliers that meet Enviva’s strict sustainability criteria. The company’s sourcing practices ensure it takes only wood from responsibly managed working forests, and it does not take wood from forests that are being converted out of forest use.
Enviva plans to begin construction of the Bond facility in 2023 and expects to begin operations there by 2024.
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