Published Feb. 27, 2013
Arden, N.C.-based Integro is a renewable fuel company that has developed a biomass-based solid fuel called NuCoal, designed to replace coal and reduce emissions for coal-fired power utilities. The amount of funding was not disclosed.
The first stage of the company’s production facility, to be located at the S.C. Technology and Aviation Center, will employ 15 workers and eventually increase to 35 employees when the plant is expanded to a full-scale operation, according to a news release.
Integro intends to build multiple, full-scale facilities throughout South Carolina to utilize the state’s biomass and agricultural resources, the release said. The economic impact of these facilities will impact foresters, harvesters and transportation resources as they are used in the manufacturing of Integro’s renewable fuel.
“Integro Earth Fuels represents an important step toward realizing new opportunities in the agribusiness industry in our state,” S.C. Agriculture Commissioner Hugh Weathers said in a news release.
“With the completion of this plant, they will have access to a massive, high growth export market. South Carolina’s year-round growing and harvesting season of renewable resources positions us well to supply high quality, raw materials for conversion to high energy density exports,” he said.
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the knowledge throughout South Carolina.
Since 2006, SCRA has deployed more than $59 million in funding and infrastructure to support more than 280 high-tech, early-stage enterprises, and has directly invested more than $13 million in South Carolina startups, attracting more than $200 million in private investment.