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.
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