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Current Large Tract Corporate
Forestland Ownership
in Michigan's U.P.
KEWEENAW
http://forestlands.mtu.edu/
HOUGHTON
ONTONAGON
BARAGA
GOGEBIC
MARQUETTE
LUCE
ALGER
CHIPPEWA
IRON
SCHOOLCRAFT
MACKINAC
DICKINSON
Source: Michigan Technological University and
the Michigan Center for Geographic Information
0
DELTA
70
Miles
MENOMINEE
Conserve
Mineral
TIMO
Land
REIT
VITPC
The transition from Vertically-Integrated Timber Products Companies (VITPCs) is essentially complete in the U.P.
Overall, ownership of U.P. forestlands by Timber Investment Management Organizations (TIMOs) is increasing at a
higher rate than other types of owners. With the transfer of International Paper land to GMO in 2006, the TIMO
owner-type category represents the largest holder of U.P. private timberland. The Forestland Group has holdings
in all counties except Delta, Dickinson, Mackinac and Menominee, with the largest ownership in Alger County.
By owner-type, REITs are the second largest holder of U.P. timberland. The REIT owner-type is represented in
large-tract holdings in the U.P. by Plum Creek Timber Co. Plum Creek is also the largest single forestland owner
in the U.P., with the majority of its U.P. holdings obtained from Escanaba Timber in 2005.
June, 2007
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