Wednesday, December 7, 2011

Outotec to purchase Energy Products of Idaho

Energy Products of Idaho is a Coeur d Alene based company with their home office located at 3568 Industrial Loop in Coeur d Alene has been purchased by a company called Outotec out of Espoo,Finland but with offices already in the United States.Energy Products of Idaho works in the biomass and difficult combustion industry(waste to energy) and has delivered over 100 renewable energy solutions.I can only find a sale price in Euro's but that figure is 43 million EU and an additional 25 million EU max. based on Energy Products performance in 2012 and 2013.No word on jobs but I can assume no lay-offs but no new jobs eather.

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