PGI Energy, Inc. (PGIE)

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PGIE PGI Energy Announces Partnership with EX-FACTORY for Development of Wood Pellet Energy Market Business Wire   "Press Releases - English"
HOUSTON --(BUSINESS WIRE)-- PGI ENERGY, INC. (Pink Sheets:PGIE) has entered into a Wood Pellet market development and supply partnership with EX-FACTORY INC. of North Carolina , the exclusive North American distributor of the TECCON PELLET.TOWER. Through its PGI Green E & P, Inc. JV subsidiary, PGI has identified the growing worldwide market for high quality wood pellets and bio coal briquettes as renewable energy sources. The partnership combines the wood and biomass processing expertise of EX-FACTORY with the project financing, logistics, and trading arms of PGI to successfully develop manufacturing facilities and bring product to market. Deployment of the highly efficient PELLET.TOWER for production of premium wood pellets is the initial focus. Future projects are forecasted by tapping into EX-FACTORY's expansive woodworking client base and also utilizing their extensive access to high quality processing equipment in pellet and briquette manufacturing.