Timber is a vital component of the global economy. In North America, timber is generally harvested for three types of end users:
- Lumber mills - which use saw logs to produce lumber;
- Pulp mills - which use pulpwood as a major source of fiber for use in the paper and containerboard industries; and,
- Other wood products such as boards, structural and non-structural panels, and moldings.
Timber by-products are being increasingly viewed as a source of fuel or feed stock for biomass energy and ethanol production.
Brookfield has a 30-year track record of owning and operating timberlands in North and South America that generate strong, sustainable cash flows. We believe that our timber operations have a number of attractive attributes that position us well for continued strong and growing cash flows:
- Scarce, high value, premium asset
- Market access and location
- Favourable industry dynamics
- Diversified product mix in highly productive climate
- High margin business with sustainable cash flows