Entrepreneur to Turn Md. Trees Into Chips and Ship Them to Europe

Summary


From an eight-acre site in Dundalk on the Port of Baltimore, Joe Murray soon will start exporting wood chips to Europe, where they will be burned to produce electricity.

If shipping tons of cheap wood chips thousands of miles away doesn't sound like a particularly lucrative business to you, you're not alone.

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Entrepreneur to Turn Md. Trees Into Chips and Ship Them to Europe

It's sort of amazing that we would be shipping our wood profitably to Europe instead of using it here. I'm surprised to hear that, said Bill Holmberg, chairman of the Biomass Coordinating Council, a Vienna, Va.-based nonprofit that promotes the use of pl...

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