World’s Toughest Industrial CCTV Camera biomass, exposing Pelletco to more risk. Established 1973 Knight said he is confident in projections showing oil prices rising, adding they would have to drop very far to compete with wood. Strauss, the pellet-fuels economist, said it’s a reasonable bet – as long as oil stays high and pellet prices remain stable, as long as po-Mills, Pulp/Paper Sawmills, standard for The industry tential customers hook up to natural gas and as long as Pellet-Panelboard Plants don’t and Wood Biomass Refineries co’s equipment and delivery systems work right. 560 TV Lines Against this backdrop, • Pelletco is looking for money to grow. • 2.9, 4.3, 6, the 8, 12, Knight said he and Bilodeau provided seed capital, then raised 16 mm lenses since has raised equity $300,000 from outside sources. Pelletco • All Weather, “in the low millions,” Knight said. It now is seeking a minimum of Extreme Environment $25,000 each from private investors. • Heavy Gauge Di-Cast The coming winter could be pivotal for Pelletco. It must keep Metal Alloy & Titanium raising capital while winning Components acceptance in the market and the pellet industry to expand its HeatPod network to a critical mass. Knight • Tri-Axial Mounting System characterized the company’ s growth plan as systematic, limited to 20 • –60°C to +60°C or so HeatPods this year. • –76°F to +140°F • Waterproof, IP68 Rating strategy,” he “I’m a big believer in crawl, walk, run as a business • Vibration Resistant said. “We’re not trying to grow like crazy.” • Available from leading electrical wholesalers throughout North America This article originally appeared in the Portland Press Herald on Aug. 22, 2013, and has been edited for use in Canadian Biomass magazine by Andrew Macklin. Established 1973 World’s Toughest Industrial CCTV Camera The industry standard for Sawmills, Pulp/Paper Mills, Panelboard Plants and Wood Biomass Refineries • 560 TV Lines • 2.9, 4.3, 6, 8, 12, 16 mm lenses • All Weather, Extreme Environment • Heavy Gauge Di-Cast Metal Alloy & Titanium Components • Tri-Axial Mounting System • Waterproof, IP68 Rating • Vibration Resistant • –60°C to +60°C [–76°F to +140°F] Available from leading electrical wholesalers throughout North America TECHNOLOGIES Inc. TECHNOLOGIES Inc. Canada – Ph. 604-569-3240 US – Ph. 269-966-2900 www.opticomtech.com 1-888-410-2447 Canada – Ph. 604-569-3240 • US – Ph. 269-966-2900 www.opticomtech.com 1-888-410-2447 For more on pellets and pellet marketing, visit www.canadianbiomassmagazine.ca 18 Canadian BIOMASS september/oCtober 2013
Canadian Biomass September/October 2013: Page 18
