Timberland owner Frank Morris, courtesy of Forbes.com
Timberland is owned by more than 10 million individuals and families in America
- In 2000, the forest products industry nationwide owned 51.8 million acres, and by 2009 ownership by the forest products industry was less than 20 million acres.
- In the last 15 years, timberland has become an asset class and has attracted over $50 billion from institutional investors, REITs and pension funds.
- Investors have purchased timberland from Boise Cascade, Longview Timber, Menasha Forest Products, Temple Inland, International Paper Company, MeadWestvaco Corporation and other fully integrated forest product companies.
- These new owners create on-going land sale programs as an integral part of their business plans, resulting in new buying opportunity for individuals.
- Nearly ten million private landowners own timberland and other wooded land. The Forest Landowners Association is the largest association dedicated to private landowners.