b'Orion Boatworks $3.5120 NEWMILLIONINVESTMENT JOBSThe Orion Boatworks team began constructing luxury yachts 17 years ago, and today, their boat collection includes coastal runabouts, custom picnic yachts, sport fishing vessels, and center consoles.In a statement, a representative of Orion Boatworks says, Valdosta-Lowndes County was attractive because they had an existing building which fit our business model and experienced workforce in the region made it the perfect choice. We appreciate the support of the Valdosta-Orion Boatworks has selected Valdosta, Lowndes CountyLowndes County Development Authority and look forward to continuing a for its new facility. The boat manufacturer will occupy thesuccessful partnership over the coming years.former Regal Marine facility, located in the Azalea City Industrial Park, and will invest approximately $3.5 million and create 120 jobs.We are thrilled Orion Boatworks has selected Valdosta- SUBMIT INFORMATIONLowndes County as a location for their manufacturingThe Moving Forward section includes job facility, says Terri Lupo, chairwoman of the Valdosta- announcements, promotions, new or expanding Lowndes County Development Authority. Theircompanies, corporate awards, and community investment in our community is a testament to ourand professional recognitions. Submit pro-business environment, our strategic location, and our well-trained, diverse workforce. We are thankful forinformation and photos to editor@sgamag.com.the teamwork and partnerships fostered to make this announcement possible.Adel Home toNew Biomass FacilityRenewable Biomass Group recently announced the construction of a $95 million wood pellet$95 facility in Adel, Cook County. The Houston-based company is expected to create 60 new jobsMILLION when the plant opens in 2022. Initial production estimates include developing and exportingINVESTMENT450,000 metric tons of industrial wood pellets per year. The pellets will be exported from the Port of Savannah to Europe and Asia.60According to a recent industry report, the global wood pellets market is expected to reach $18.22 billion by 2027. Wood pellets are used as an alternative fuel source and are consideredNEW JOBSmore eco-friendly, sustainable, and carbon-neutral in nature. The wood pellet increase is attributed to a heightened demand by large-scale manufacturing facilities in Europe.BUSINESS + CULTURE 53'