Plum Creek In 10-Yr. Fiber Supply Contract With Enova Group

(RTTNews) - Plum Creek Timber Co. Inc. (PCL) Thursday entered into a 10-year fiber supply and services agreement with The Enova Group, an independent bioenergy firm headquartered in Atlanta, Georgia.

Plum Creek will deliver up to 3 million tons annually of sustainably-managed wood fiber to three pellet manufacturing locations that will be constructed in the Southeastern United States.

"This agreement highlights the value of the consistent and reliable supply chain services that Plum Creek provides to our wood fiber customers," said Rick Holley, chief executive officer.