The new site will also house the company’s international headquarters.
Vega Biofuels chairman/CEO Michael K Molen said the company initially planned to have one manufacturing line.
"Our plans now call for three manufacturing lines to be constructed initially and two more lines installed during our second year," said Molen.
"The facility will accommodate a total of nine manufacturing lines."
"We’ve had a tremendous response from all over the world concerning our bio-coal product and this facility will allow us to more than double our volume for year one in order to meet the demand.
Vega Biofuels will collaborate with engineering firm Hunt, Guillot & Associates on the construction, project management, and equipment installation for the new plant.
Upon completion, the bio-coal facility will produce green energy bio-coal from timber waste for use in existing coal-fired power plants across the globe.
Bio-coal is made from a torrefaction process, which is a partial carbonization process; biomass is then compressed into briquettes to be sold.
