White Sulphur Springs, WV – RDP invested $15 Million of its New Markets Tax Credits allocation for WVGBC to construct a new barrel manufacturing facility in White Sulphur Springs, WV. White Sulphur Springs and the region surrounding the new cooperage has a substantial population of unemployed, underemployed and low-income citizens, in large part to due disappearing industries such as forestry …
Allegheny Forestland
Clay, WV – Allegheny Wood Products, Inc. operates six sawmills in three states. Coastal Lumber Company operates fifteen sawmills in five states. Both companies are long-established, family-owned, integrated timberland and sawmill operators. Together, these mills employ more than 1,200 people in low-income areas. These two companies run 23 operations in 22 communities, a major source of employment in the region. …
Pinelands
Allendale, SC – The project entailed the development of two identical 21 MW biomass generation facilities used to convert wood pulp and debris into electricity for use throughout South Carolina. Southeast Renewable Energy, LLC (“SRE”) owned the project; SRE transfered its current 100 percent ownership of the two plants to enXco Development Corporation (“enXco”). Both facilities began using biomass from …
