– ‘A’ Rating to enhance local economy with woody biomass initiatives –
The Wyoming County Chamber of Commerce and Ecostrat are pleased to announce the issue of an investment grade BDO Zone ‘A’ Rating for Woody Biomass. The Wyoming County BDO Zone is the first ‘A’ rating in the Commonwealth of Pennsylvania, extending a 75-mile drive from Tunkhannock, PA.
Wyoming County’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 features strong capabilities to accommodate new biobased plant operations, supported by a highly productive forest products industry, ensuring a stable feedstock supply and limited competition for pulpwood due to the absence of pulp and paper facilities in the area. The zone includes a prime M1 manufacturing site spanning 104 acres, located near companies offering complementary services essential for biofuels projects.
“The 'A' rating for Wyoming County highlights our community's remarkable potential to lead the way in the bioeconomy,” stated Gina Suydam, President of the Wyoming County Chamber of Commerce. “We look forward to partnering with bioenergy, biochemical, and bioproduct companies to enhance and diversify our forestry resources, positioning Wyoming County as a leader in bio-based industrial manufacturing.”
Jordan Solomon, Chairman of the BDO Zone Initiative added, “As Pennsylvania’s first ‘A’ rating, Wyoming County is poised to transform underutilized forest resources into a significant expansion of the value[1]added wood products industry. The BDO Zone is ideally positioned to support biobased companies seeking top locations for large-scale biomass projects.”
To see the full BDO Zone Rating for Wyoming County, Pennsylvania please click here, or visit www.bdozone.org.
