Reports on Wood Products Industry in Vermont and New England:

Facts About the Industry:

  • In 2006, the value-added wood products industry in Vermont:
  • Supported 13,807 direct and indirect jobs in the state.
  • Produced $1.83 billion in output with $0.85 billion in value added
  • corresponding to 3.5% of Vermont’s total Gross State Product in that year.
  • Generated $486 million in personal income in 2006 dollars.
  • Generated $49.21 million in revenue to the state and a net fiscal benefit
  • of $12.92 million. 

 

Products

  • Forest products made in Vermont account for over $1 billion in sales annually.
  • Finished furniture (both production and custom)
  • Furniture components
  • Cabinetry & architectural millwork
  • Clapboards and flooring
  • Toys & novelties
  • Lumber, veneer & plywood
  • Pallets, crates, and other packing and shipping materials
  • Cutlery handles & other component parts
  • Bowls, cutting boards & household accessories
  • Birdhouses and feeders

Supporting Working Landscapes

  • Forest land covers 80% of Vermont, with the majority of that being held by private non-industrial landowners. USDA Forest Service, State and Private Forestry
  • Annual timber harvest is about 1/2 of annual growth. VT Department of Forests, Parks & Recreation
  • Primary native species - Maple, birch, spruce and pine. VT Dept. Forests, Parks & Recreation.
  • Other species utilized - Red oak, ash, and cherry.

Sources: VT Department of Economic Development or VWMA, except as noted otherwise