113110 Timber Tract Operations
6-digit U.S. detail
113110

Timber Tract Operations

Description

Establishments in timber tract operations are dedicated to the management and commercial utilization of forested lands where trees are retained for direct sale rather than harvest. These entities prioritize long-term asset stewardship over immediate extraction, aiming to maximize timber value through sustainable practices that preserve ecosystem health. Typical activities involve strategic land management, soil conservation, selective logging, and marketing to buyers seeking mature timber or high-quality wood products. Operators often include large timber companies managing vast portfolios across multiple states or private landowners who hold significant acreage dedicated to timber production. Some entities may also offer forest management consulting services to smaller partners. The scale of these operations varies significantly, ranging from individual family forests spanning thousands of acres to corporate entities overseeing millions of acres. Geographic scope frequently extends beyond the owner's immediate region, involving complex logistics for transporting logs and processed wood. Financial performance depends heavily on timber prices, forest growth rates, and regulatory compliance regarding fire safety and environmental protection. By focusing on standing timber, these businesses create a stable revenue stream while contributing to carbon sequestration and biodiversity maintenance, distinguishing them from industries focused solely on extraction and processing facilities.

Hierarchy

CodeTitleDescription
11
Agriculture, Forestry, Fishing and Hunting
2-digit sector
The Sector as a Whole The Agriculture, Forestry, Fishing and Hunting sector comprises establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats. The establishments in this sector are often described as farms, ranches, dairies, greenhouses, nurseries, orchards, or hatcheries. A farm may consist of a single tract of land or a number of separate tracts which may be held under different tenures. For example, one tract may be owned by the farm operator and another rented. It may be operated by the operator alone or with the assistance of members of the household or hired employees, or it may be operated by a partnership, corporation, or other type of organization. When a landowner has one or more tenants, renters, croppers, or managers, the land operated by each is considered a farm. The sector distinguishes two basic activities: agricultural production and agricultural support activities. Agricultural production includes establishments performing the complete farm or ranch operation, such as farm owner-operators and tenant farm operators. Agricultural support activities include establishments that perform one or more activities associated with farm operation, such as soil preparation, planting, harvesting, and management, on a contract or fee basis. Excluded from the Agriculture, Forestry, Fishing and Hunting sector are establishments primarily engaged in agricultural research (e.g., experimental farms) and government establishments primarily engaged in administering programs for regulating and conserving land, mineral, wildlife, and forest use. These establishments are classified in Industry 54171, Research and Development in the Physical, Engineering, and Life Sciences; and Industry 92412, Administration of Conservation Programs, respectively.
113
Forestry and Logging
3-digit subsector
Industries in the Forestry and Logging subsector grow and harvest timber on a long production cycle (i.e., of 10 years or more). Long production cycles use different production processes than short production cycles, which require more horticultural interventions prior to harvest, resulting in processes more similar to those found in the Crop Production subsector. Consequently, Christmas tree production and other production involving production cycles of less than 10 years, are classified in the Crop Production subsector. Industries in this subsector specialize in different stages of the production cycle. Reforestation requires production of seedlings in specialized nurseries. Timber production requires natural forest or suitable areas of land that are available for a long duration. The maturation time for timber depends upon the species of tree, the climatic conditions of the region, and the intended purpose of the timber. The harvesting of timber (except when done on an extremely small scale) requires specialized machinery unique to the industry. Establishments gathering forest products, such as gums, barks, balsam needles, rhizomes, fibers, Spanish moss, and ginseng and truffles, are also included in this subsector.
1131
Timber Tract Operations
4-digit industry group
Industries in the Forestry and Logging subsector grow and harvest timber on a long production cycle (i.e., of 10 years or more). Long production cycles use different production processes than short production cycles, which require more horticultural interventions prior to harvest, resulting in processes more similar to those found in the Crop Production subsector. Consequently, Christmas tree production and other production involving production cycles of less than 10 years, are classified in the Crop Production subsector. Industries in this subsector specialize in different stages of the production cycle. Reforestation requires production of seedlings in specialized nurseries. Timber production requires natural forest or suitable areas of land that are available for a long duration. The maturation time for timber depends upon the species of tree, the climatic conditions of the region, and the intended purpose of the timber. The harvesting of timber (except when done on an extremely small scale) requires specialized machinery unique to the industry. Establishments gathering forest products, such as gums, barks, balsam needles, rhizomes, fibers, Spanish moss, and ginseng and truffles, are also included in this subsector.
11311
Timber Tract Operations
5-digit NAICS industry
See industry description for 113110.
113110
Timber Tract Operations
6-digit U.S. detail
Establishments in timber tract operations are dedicated to the management and commercial utilization of forested lands where trees are retained for direct sale rather than harvest. These entities prioritize long-term asset stewardship over immediate extraction, aiming to maximize timber value through sustainable practices that preserve ecosystem health. Typical activities involve strategic land management, soil conservation, selective logging, and marketing to buyers seeking mature timber or high-quality wood products. Operators often include large timber companies managing vast portfolios across multiple states or private landowners who hold significant acreage dedicated to timber production. Some entities may also offer forest management consulting services to smaller partners. The scale of these operations varies significantly, ranging from individual family forests spanning thousands of acres to corporate entities overseeing millions of acres. Geographic scope frequently extends beyond the owner's immediate region, involving complex logistics for transporting logs and processed wood. Financial performance depends heavily on timber prices, forest growth rates, and regulatory compliance regarding fire safety and environmental protection. By focusing on standing timber, these businesses create a stable revenue stream while contributing to carbon sequestration and biodiversity maintenance, distinguishing them from industries focused solely on extraction and processing facilities.

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Classification References

  1. 01Acting as lessors of land with trees as real estate property--are classified in Industry 531190, Lessors of Other Real Estate Property;
  2. 02Growing short rotation woody trees (i.e., growing and harvesting cycle is 10 years or less)--are classified in U.S. Industry 111421, Nursery and Tree Production;
  3. 03Growing trees for reforestation--are classified in Industry 113210, Forest Nurseries and Gathering of Forest Products;
  4. 04Cutting timber--are classified in Industry 113310, Logging; and
  5. 05Operating sawmills--are classified in U.S. Industry 321113, Sawmills.

Index Items

Timber tract operations

How Item Can Help

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Data Intelligence analyzes historical harvest yields and market trends to predict optimal cutting cycles and pricing for each specific timber tract.

Item.com Tools

External Resources

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