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In This Week's Pellet Wire:
Save the Date for the 2019 PFI Annual Conference - June 4-6, 2019, in Hershey, Pennsylvania
In case you hadn't heard, next year's PFI Annual Conference will be held June 4-6 in Hershey, Pennsylvania. Mark your calendars! We will be sharing details as they are available and, of course, welcome any suggestions for how to make next year's conference as big a success as this year's.
Send Us Photos!
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We're building a collection of photos of our members, their pellets mills and product. Send them to Carrie Annand at [email protected]. This week's featured photo shows outgoing the Board of Directors Chair, Pacific Coast Pellets' Stan Elliot, accepting an award from SBI's Michele Reeder. Thanks to Stan for all his hard work and leadership, and we welcome Appalachian Wood Pellets' Don Wagner as the incoming Board Chair.
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Welcome to PFI's 2018-2019 Board of Directors!
If you weren't able to make it to Myrtle Beach this year, or if you missed the members' meeting on Tuesday morning of the conference, we'd like to introduce you to PFI's newly elected Board of Directors. We owe a huge thank you to all board members who served in the last year, and welcome all new members!
Please visit PFI's website to view the full list of PFI's board members.
Become a 2018 PFI Sponsor in July
Don't miss the opportunity to sponsor PFI! Sponsorship at all levels brings many perks, along with exposure for your company to the pellet fuels industry. By signing up to sponsor the association early in 2018, you will reap the benefits throughout the coming year.
The 2018 sponsorship packages options include benefits such as:
- Company logo listed on the PFI website
- Weekly newsletter advertising
- Website advertising
- And more!
PFI's membership list includes more than 100 companies, and the Pellet Wire, our electronic newsletter, is sent to close to 2,000 subscribers every week. Now is the time to become a sponsor of this organization. Visit our website to explore how you can become involved.
Follow PFI on Twitter, Friend Us on Facebook, and Connect with Us on LinkedIn
We'd like to connect and interact with PFI members and anyone else involved in pellet fuels production!
Here's how you can help us build our online community:
- Follow us on LinkedIn, Twitter, and Facebook!
- Encourage your colleagues and other business associates to follow us.
- Send Carrie Annand news or other ideas to post on LinkedIn.
Have News to Share on Pellet Wire?
We'd love to feature your company's news in a future Pellet Wire! We want to be the first to know your company's recent developments to share them with the wider pellet fuels industry.
Please be in touch with Carrie Annand with information on your company's growth, job openings, promotions, or other news.
Join a PFI Committee
We welcome and encourage all interested PFI members to get involved in our committees. There are many opportunities to help steer the association. No matter where your expertise and interests lie, we have a committee that will suit you. Help us plan our next conference, shape our policy agenda, lead communications outreach, or grow the PFI Standards Program. Visit PFI's website for more information.
Upcoming Industry Events
March 14 - 16, 2019: HPBA Expo 2019
June 4 - 6, 2019: 2019 PFI Annual Conference
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Connect with PFI
PelletHeat.org
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Join PFI
Fuel Availability
Are you a PFI member, pellet manufacturer, or distributor that has fuel available? Email [email protected] to have your listing updated or added to the PFI website.
Industry News
Pruitt Resigns, Wheeler to Become Acting Administrator of the EPA
Biomass Magazine
On July 5, President Trump announced the resignation of Scott Pruitt as the administrator of the U.S. EPA. Deputy Administrator Andrew Wheeler is set to assume the role of acting administrator of the EPA on July 9.
Trump tweeted the announcement Thursday afternoon, stating that he has accepted the resignation of Pruitt. Trump said Pruitt "has done an outstanding job" and indicated that Wheeler "will continue on with our great and lasting EPA agenda. We have made tremendous process and the future of the EPA is very bright."
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Traeger Goes Mini with New Portable Grills
Outside
Few grills have the cult following Traeger's do. The company's wood-pellet models are capable of smoking, baking, roasting, and grilling in an approachable way, with digital displays that make it easy to keep a steady temperature for hours.
That functionality comes at a price: Traeger grills are big, heavy, and expensive, running anywhere from $500 and 76 pounds to $2,000 and 266 pounds. They're not the sort of thing you wheel around the patio or easily pack away for the winter-they become a fixture in your yard.
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What Is This? Jeremy Andrus Found Success with Skullcandy. Now He Hopes to Do It Again with Traeger Grills.
Forbes
Jeremy Andrus joined Skullcandy in 2005 when it was selling less than $1 million worth of headphones. He led the Park City, Utah-based company to nearly $300 million in a sales and a hot initial public offering. As competition heated up in the headphone space, however, the firm's stock price slumped. In 2013 he left as CEO to become an entrepreneur-in-residence at Solamere Capital, the investment firm cofounded by Tagg Romney, Mitt Romney's eldest son. Now Andrus, 46, is back with another consumer-products company that he thinks has more potential than Skullcandy did: Traeger Pellet Grills. A wood pellet grill pushes wood pellets into a burn pot that indirectly heats the grill surface at a temperature you control. Think outdoor convection smoker rather than a simple charcoal or gas grill. Traeger's grills sell from $299 for a tabletop grill to $1,999 for its highest-end Timberline that you can control with your phone; it also sells the pellets in flavors like hickory barbecue and mesquite at $18.99 for a 20-pound bag.
The company was founded in 1987 by Joe Traeger, whose family owned an Oregon heating company. Andrus joined Traeger in 2014, and acquired the business in conjunction with private-equity firm Trilantic Capital Partners. Today, Traeger's majority shareholder is private-equity giant AEA Investors, and it also has investment from the Ontario Teachers' Pension Plan. Andrus says the Salt Lake City-based company has more than $300 million in sales and is growing rapidly. In an interview at FORBES' Jersey City offices that has been edited and condensed, Andrus spoke about why he believes grilling is a market ready for innovation and what he sees in the Traeger brand.
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