Cogent Fibre on "Annual 500" List of Fastest Growing Private U.S. Companies

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Cogent Fibre, Stamford, Conn., USA, an exporter of pine wood chips from the east coast of the U.S., has been ranked No. 402 overall and No. 7 in its industry category of manufacturing, by Inc. Magazine in its 29th "Annual 500," a ranking of the nation's fastest-growing private companies.

"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times."

Cogent Fibre's wood chips are produced from the tree thinning of private timberlands in the southeastern U.S. and are used in the manufacture of pulp, particleboard, medium density fiberboard, and for biomass fired power plants. To date, Cogent Fibre has exported more than two million metric tons of pine wood chips. The company is the exclusive exporter of pine chips from its partner East Coast Terminals facility in Savannah, Ga., which is the only currently active wood chip terminal in the eastern U.S., having a 150,000 metric ton wood chip storage capacity.