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Concept
Wood industry
Summary
The wood industry or timber industry (sometimes lumber industry -- when referring mainly to sawed boards) is the industry concerned with forestry, logging, timber trade, and the production of primary forest products and wood products (e.g. furniture) and secondary products like wood pulp for the pulp and paper industry. Some of the largest producers are also among the biggest owners of timberland. The wood industry has historically been and continues to be an important sector in many economies.
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and trading and transport (e.g. timber rafting, forest railways, logging roads).
Processing and products differs especially with regard to the distinction between softwood and hardwood. While softwood primarily goes into the production of wood fuel and pulp and paper, hardwood is used mainly for furniture, floors, etc.. Both types can be of use for building and (residential) construction purposes (e.g. log houses, log cabins, timber framing).
Category:Forest products companies
As of 2019, the top timberland owners in the US were structured as real-estate investment trusts and include:
Weyerhaeuser Co.
Rayonier
PotlatchDeltic
In 2008 the largest lumber and wood producers in the US were
Boise Cascade
North Pacific Group
Sierra Pacific Industries
As these companies are often publicly traded, their ultimate owners are a diversified group of investors. There are also timber-oriented real-estate investment trusts.
According to sawmilldatabase, the world top producers of sawn wood in 2007 were:
Workers within the forestry and logging industry sub-sector fall within the agriculture, forestry, fishing, and hunting (AFFH) industry sector as characterized by the North American Industry Classification System (NAICS).
Official source
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