Bear Mountain Forest Products Acquired by Lignetics ~ February 2015
Lignetics is the leading manufacturer of premium wood pellets and Pres-to-Logs® fire logs used as a renewable fuel for home heating in the United States, in addition to manufacturing animal bedding, absorption products and barbeque wood pellets. Founded in 1983 and headquartered in Sandpoint, ID, Lignetics manufactures and distributes branded wood pellets from its three U.S. production facilities.
Bear Mountain Forest Products, Inc. is the largest residential pellet manufacturer on the West Coast with two plants located in Brownsville and Cascade Locks, Oregon. Bear Mountain’s Golden Fire and Bear Mountain brands have a strong position in the marketplace and an excellent reputation for delivering a very high quality product making Bear Mountain a great complement to the Lignetics business and the largest U.S. wood pellet provider in the residential heating market.
Taglich Brothers raised $4.05 million dollars in equity to help fund the transaction.
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