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The Penrod Company imports and exports forest products for use in the hardwood plywood, flooring, and furniture industries worldwide. The company also distributes PVC products and metal door hinges and fasteners for use in the residential and commercial construction industries. Penrod operates international subsidiaries: Foresbec in Canada and the UK; Noblebois in France; Penrus in Russia; and St. Raymond Veneers in Canada. Around since 1888, Penrod has supplied materials for some iconic products such as Wurlitzer organs, Zenith television cabinets, and mahogany interiors for 1965 Cadillac and Buicks. The Penrod Company is owned by CEO Edward Heidt Jr. and President Carl Gade.

The Westervelt Company has turned over a new leaf -- several, actually -- since its inception in 1884. A paper and paperboard packaging manufacturer for many years, Westervelt now operates several distinct businesses related to land resource management. Besides owning and managing 500,000 acres of timberlands, the company operates sporting lodges around the world, offers wildlife gaming and recreational property management, develops masterplanned residential communities in Alabama, and is involved in creating renewable energy. The company is privately owned by the Westervelt and Warner families.

Theodor Nagel deals in timber trading and operates sawmills. The company provides about 120 different kinds of timber, including five different species of ebony and 15 rosewood species, for manufacturing musical instruments such as pianos and stringed and percussion instruments, as well as for knife handles, ships decks, and crafts. The company, founded in Hamburg in 1837, is owned by the Krauth family, which has overseen operations for six generations.

Thompson Mahogany specializes in importing more than 20 different species of tropical hardwoods, mainly from Africa, Central and South America, and Australia, for distribution to retailers and manufacturers. The company also produces hardwood lumber, decking, and flooring. Its woods can be found on the deck of Bill Gates' mansion, in Martin guitars, and in Steinway pianos. Englishman Lewis Thompson founded Thompson Mahogany in 1840 as a cabinet and furniture business that imported mahogany for its own uses. The company is owned and operated by Donald Thompson, who bought the company in 1985 (and is not related to the founder).

TimberWest attempts to stay a cut above the rest. The forestland management company owns more than 320,000 hectares (796,000 acres) of forest in western Canada, making it one of the largest owners of private forestlands in the region. The company has had an annual harvest of about 2.5 million cubic meters of logs. However, harvest levels have been reduced and about 17% of TimberWest's land has become more valuable than the Douglas firs growing on it. The company's real estate arm, Couverdon, plans to make available more of its real estate for development over then next 10 to 15 years.

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