Pellet factory fire....shortage to come ?

http://theunionleader.com/article.a...rticleId=b5203ae9-fa05-4465-a721-29222df3e94d

I thought there all ready was a shortage????? This should just compound things..............

The only shortages I have seen in my area so far is caused by people
panic buying and hoarding much more pellets than they will need for
this coming season.
As baddad mentioned, this will probably add to the panic.

EDIT: another post
http://www.hearth.com/econtent/index.php/forums/viewthread/21267/

Just got thru visiting with my supplier (old Navy buddy) who said he has 6 RR cars on his siding each one containing 80 tons of pellets.
He`s 4 weeks behind on deliveries but that there will be no shortage this year, at least not for him. He has more coming.

I wouldn't be at all surprised to see NEWP take the insurance loss and close up shop. Besides what was reported here, I have heard they have 'other' legal problems worth MILLIONS.

That is to bad about the fire I hear the pellets they produce burn nice, Anyone burn them and had good results?

RUMOR I heard was that they owed millions to an actual pellet manufacturer (name withheld here), haven't paid, and said pellet manufacturer is going to to the legal route to get it.

The rumor may be in regard to their Ma. plant that relies on shipments from which they bag pellets. That plant is not in production as it should be. The NH plant I would speculate is set to expand, although there again speculation and of course supply constraints might hamper such optimism. Regardless, here is a tour that hearth.com made of the plant a while back ago.

http://www.hearth.com/visit/nepellet/

http://video.goog.com/videoplay?docid=-5902182363142348090&pr=goog-sl&hl=en

Are you confusing New England Wood Pellet (www.pelletheat.com) with New England Pellet LLC (http://newenglandpelletllc.com/) by any chance? The first one manufactures their own pellets, and the second is a distributor. I don't believe there is any connection between the two.

I do know that NEWP was hit with that huge OSHA fine for ignoring the conditions under which a worker was injured.

If I were NEWP I wouldn't worry too much about that fine - OSHA fines are always negotiated down...usually to the tune of 10 cents on the $. Can't remember one that stood as announced - and that includes ones with fatalities involved. They make great headlines and attempt to strike fear into companies but it's a negotiating tactic. Since they can't be everywhere, the fear of massive fines is about all that they think will keep a company on the straight and narrow. What will not get announced with all the same fanfare will be the negotiated settlement - those are buried in the paper.

DiggerJim is right, OSHA always settles the fines for CHEAP.

If they were too close, the investors or bankers would want to sell the plant to get some money back. Usually via an auction. It would sell for pennies on the dollar. Then the new plant owner would probably be able to make it work. Think about it. $20 Million dollar plant sold at auction for $5 Million. It's A LOT easier to make a good return on a $5 Million bet instead of a $20 Million one. It's a basic financing premise on the business level. Think about the restaurants in your area. Around here they go bankrupt, someone buys it & makes a go. Not saying it happens every time. But it is a logical argument against New England just closing shop & leaving the business.

I have had my Harmon for 1 yr now & really like the New England Wood pellets. No one has them around here & I am on 3 waiting lists. I got 1 ton of LGs. Does anyone know if these are good & what would be another good choice? I AM panicking!

Hi,

I am in central MA and am buying via http://www.pelletsdirect.com/index.htm out of oxford. I purchased hardwood Barefoot Pellets for a December delivery. They carry many brands and are focused in nothing but Pellet stoves and their maintenance.

Thanks firestarter.

Did you purchase & pay online recently? I called there & they put me on a list last week