New Facility Bringing 30+ Jobs to Pine Bluff

Published 08/20 2014 07:27PM

Updated 08/20 2014 07:29PM

PINE BLUFF, AR - 35 jobs are moving into a city in Jefferson County.

Highland Pellets announced today they will build a 500,000 metric ton per year wood pellet facility in Pine Bluff.

The $130 million plant will create 35 jobs.

The new facility will have a financial impact of $86 million annually on the community.

"When you get an announcement that couples new manufacturing jobs with great environmental policies, and a boom for a resource we are abundant in and that has suffered more than perhaps other areas of the economy throughout the recession it's kind of a super announcement on steroids," said Governor Mike Beebe.

Highland Pellets is a privately held company with industry veterans from the wood pellet, finance, and energy markets.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.