The diverse geography of the region supports spruce-fir forests in the higher elevations, northern hardwoods on hillsides, cedar swamps in the valley bottoms, and pine-oak forests associated with coastal areas and sandy soils.
Timber markets in the Northeast are highly diverse yet limited. End-product manufactures consist of hardwood and softwood sawmills, pulp mills, and biomass consuming facilities. Canada is a major importer of low-grade hardwood, white pine and spruce and fir logs where some of the largest spruce-fir stud mills in North America are located just across the border in Quebec. Low-grade hardwood is typically sent to pulp mills or used at one of the many pellet/biogeneration facilities in the region.
Timberland investments in the Northeast are dynamic. Non-timber attributes are routinely considered when acquiring large timberland investment holdings. Both local and national conservation organizations continue to aggressively target this region and work with investors helping to identify conservation opportunities. In addition to conservation, other opportunities specific to the region include wind development, maple sugaring and carbon credit monetization.