New England Wood Pellet provides renewable pellet fuels to make available heat that is environmentally beneficial, locally made, and economical.
We believe that pellet fuels made from sustainably produced biomass can play a major role in reducing demand for fossil heating fuels. We believe our region has the opportunity to develop this renewable resource as a significant contributor to meeting regional energy demands, thereby strengthening our economy and positioning the northeast as a national leader in sustainable, low carbon clean energy.
New England Wood Pellet was founded in Acton, MA in 1992; moved to New Hampshire in 1995; and built our flagship facility site in Jaffrey, NH in 1999. The Jaffrey manufacturing plant has undergone repeated upgrades in manufacturing processes and capacity.
In an effort to keep pace with increasing demand for wood pellet fuel, the company has undergone significant expansion over the last decade, with two new facilities in New York, and a recent facility acquisition in Pennsylvania, as well as other strategic ventures. In 2006 the company built its fabrication facility in Jaffrey, NH where new equipment and technology in pellet manufacturing are designed, tested and brought into production. In 2008 the company started a subsidiary, Propell Energy, to expand the pellet market through the sale, installation, and service of commercial and institutional boilers. This company was subsequently sold to Sandri Energy of Greenfield, MA in 2010. The company designed and built much of the plant in Schuyler NY, which commenced production in 2008, and has incorporated advanced technology and design features into the newest facility in Deposit NY which commenced production in June 2011. In 2012 New England Wood Pellet upgraded its in-house quality testing labs for all of its manufacturing facilities. It is this commitment to continuous improvement in process engineering that reflects the inherent challenges in successful pellet manufacturing, and distinguishes New England Wood Pellet from most other pellet manufacturers. Most recently, the company acquired the facility of Allegheny Pellet in Youngsville PA.
New England Wood Pellet was acquired in May 2014 by Rentech Inc. Rentech is a publicly traded Los Angeles, CA based company that owns 60% of a fertilizer business that it manages and operates; and is an owner and operator of wood fibre processing and industrial grade (for export) pellet production business. Rentech Inc. (NASDAQ: RTK) owns and operates wood fibre processing, wood pellet production and nitrogen fertilizer manufacturing businesses. Rentech offers a full range of integrated wood fibre services for commercial and industrial customers around the world, including wood chipping services, operations, marketing, trading and vessel loading, through its subsidiary, Fulghum Fibres. The Company's New England Wood Pellet subsidiary is a leading producer of bagged wood pellets for the U.S. heating market. Rentech is developing wood pellet facilities in East Canada to supply pellets to utilities. Rentech manufactures and sells nitrogen fertilizer through its publicly traded subsidiary, Rentech Nitrogen Partners, L.P. (NYSE: RNF).