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Michigan’s Well Established Timber Industry
Michigan has 36.4 million acres of land, of which almost half (19.3 million acres) is wooded. The great majority of Michigan’s forest acreage is categorized as timberland (97 percent or 18.6 million acres). Timberland is forest area that produces or is capable of generating industrial wood crops and is not exempt from timber extraction. Michigan’s timberland is essential for the sustainability of the forest products, outdoor recreation, and tourist businesses, as well as to influencing the ecological character of the environment. Timberland can be an excellent addition to an investor’s portfolio.