MOBILE, Alabama — Core Industries plans to invest $8.75 million to construct a processing and storage facility at its port facility in Mobile County to support a contract to handle wood pellets for CM Biomass, according to the Mobile Chamber and the Industrial Development Authority.
The project will create 28 jobs over the next five years.
As part of its agreement with CM Biomass, Core Industries will receive, store and load wood pellets for shipment. To advance the collaboration, Core will build two warehouses, each spanning 57,600 square feet, at its existing location on Claudia Lane in Theodore, near Mobile.
“We are very pleased that CM Biomass selected Core Industries to handle its wood pellets,” said Michael Myles, principal owner of Core Industries. “This deal with CM Biomass is an example of Core’s diversity and build-to-suit capabilities. That and our close proximity to Interstates 10 and 65 and the Gulf of Mexico, make Core Industries a logical choice for cargo handling and logistical services.”