Purchase Agreement Signed For $100 Million Project At Berry Hill Industrial Park

6/13/17

By Denice Thibodeau, GoDanriver

A second business has signed a purchase agreement for acreage in the Berry Hill Industrial Park, the Regional Industrial Facility Authority announced at a meeting Monday.

Enviva Development Holdings LLC has signed an agreement to buy a 168-acre tract along Berry Hill Road. The company will conduct due diligence on the site — investigations into the suitability of the site for the project — over the next year, with the right to extend the agreement or terminate it without penalty.

It is expected the company, founded in 2004, will invest more than $100 million in the project and create indirect and direct above-average paying jobs, according to Jesse Barksdale, vice chairman of RIFA.

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