Forest products industry growth surges, adding $20 billion annually to Michigan economy

Two years ahead of schedule, Michigan’s forest products industry has achieved its goal of contributing $20 billion per year to the state’s economy, Gov. Rick Snyder announced today during a stop at the Besse Forest Products Group facility in Gladstone.

News Type:

Press Release

News Origin:

The Office of Governor Snyder

Publication Date:

Thursday, August 18, 2016

Link:

Press Release

Sustainable Forestry Initiative

SFI. The Mark of Good Forestry in Michigan. Visit SFI

Michigan Tree Farm

Michigan Tree Farm. Promoting the growing of renewable forest resources on private lands, while protecting environmental benefits and increasing public understanding of all benefits of productive forestry. Visit Michigan Tree Farm.

Facts

How much economic activity do forest products produce?

Each year, the Michigan forest products industry harvests about 12 million tons of wood. Each ton of wood generates about $100 worth of economic activity. That's a grand total of $1.3 billion worth of economic activity!