British Alternative Energy Company Acquires Former Alamac Building as Part of an Anticipated $50 Million Investment
April 19, 2019 (Lumberton, N.C. and Elizabethtown, N.C.). Active Energy Group PLC (“AEG”) has acquired a 415,000-sq.-ft. (38,555-sq.-m) building in Robeson County that will be the U.S. base of its biomass processing operations. The United Kingdom-based forestry management company will create 50 jobs at the facility, which will house production of its CoalSwitch™ brand fuel products. AEG acquired the building and surrounding acreage from Alamac Holdings as part of a $50 million investment AEG anticipates making in Robeson County.
“Robeson County welcomes this cutting-edge international company as part of its initial North American presence,” said Channing Jones, director of the Robeson County Economic Development Commission. Landing the company, its significant anticipated capital investment and 50-person workforce required collaboration among a long list of partners and allies, Jones said. “I am grateful to all the individuals and organizations that stepped forward to assist with this important project, which will have a noticeable and positive impact on our local economy.”