– ‘A’ Rating to unlock markets for underutilized wood fiber –
The Foundation for Little Colorado Revitalization and Ecostrat are pleased to announce the issue of an investment grade BDO Zone ‘A’ Rating for Woody Biomass, extending a 75-mile drive distance from Springerville, AZ.
Little Colorado River’s BDO Zone ‘A’ rating denotes high prospective viability of feedstock supply chain and infrastructure, and low expectations of default risk in the Zone. The region featuresstrong capabilities to accommodate new biobased plant operations, supported by anticipated increase in woodland biomass and a considerable opportunity to procure low-cost biomass feedstock within the local market. The area offers favourable employee wages, housing costs, and overall cost of living compared to both state and national averages.
“The 'A' rating for Little Colorado River underscores our community's exceptional potential for spearheading global leadership in the bioeconomy," stated Malena Hannah, Founder, MH Consulting and Project Management. “We eagerly anticipate collaborating with bioenergy, biochemical, and bioproduct companies to foster the expansion of local industry and diversification of forestry resources with new businesses.”
Jordan Solomon, Chairman of the BDO Zone Initiative added, “The BDO Zone Rating not only facilitates access to untapped markets for underutilized wood fiber, revitalizing the state's forestry industry, but also serves as a crucial instrument in addressing wildfire hazards, aligning with Little Colorado River’s proactive stance on forest restoration and wildfire control.”
To see the full BDO Zone Rating for Little Colorado River, Arizona please click here, or visit www.bdozone.org.