Lignetics converts wood waste into eco-friendly consumer products such as heating pellets, BBQ pellets, animal bedding, and fire logs. Its products are made by compressing wood waste into pellets and logs that people burn for heat, cooking, or other uses, produced at manufacturing plants across the US and Canada. The company differentiates itself by scaling through a strategic roll-up of competitors, becoming the largest residential wood pellet maker in the United States and building a nationwide, multi-plant footprint. Its goal is to grow the business through acquisitions and operational expansion to maintain market leadership in the fragmented wood-pellet industry.
Company Size
1-10
Company Stage
Early VC
Total Funding
$8M
Headquarters
Louisville, Colorado
Founded
1983
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