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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.

Timber! Tolko Industries manufactures and markets specialty forest products, primarily in North America. The company, founded in 1956, produces lumber, plywood, oriented strand board (OSB), specialty kraft paper, and other wood products. It operates nearly 20 manufacturing facilities in British Columbia, Alberta, Saskatchewan, and Manitoba. Tolko also markets its products overseas. Tolko was forced to shut mills during a devastating mountain pine beetle infestation. The company, along with the rest of the industry, also was struck by the global economic crisis and faced additional closures in 2008 and 2009. Tolko is owned by the founding Thorlakson family.

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