Lumberton Manufacturing Hub

 

Lumberton

In March 2019, the Company acquired an industrial site comprising 415,000 sq ft of covered factory space and ~145 acres of surrounding land in Lumberton, North Carolina. The site is intended to become the new base for all Active Energy's CoalSwitch™ operations in the US and house the first permanent production facility for CoalSwitch™. Lumberton is a strategic location close to the Eastern Seaboard of the United States in the heart of the lumber production region in North America. The Directors believe the location of the Lumberton Site will be advantageous for the Company as it seeks to generate regular sales of its products to Western Europe and South East Asia.

The Company is currently focussed on establishing its first five-tonne per hour industrial-scale CoalSwitch™ plant at Lumberton however due to the size of the site, the Company has the scale of facilities to expand production of CoalSwitch™ and SuperFuel™ over the next 36 months targeting production of up to 400,000 tonnes per annum during 2021. The facility is also large enough to accommodate complementary activities including biomass, saw logging and other commercial opportunities in the Lumberton area and is intended to become an environmentally friendly manufacturing hub developing a range of complementary renewable technologies.

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