That’s how Dr. Lynn Michaelis, president of Strategic Economic Analysis and nationally recognized forestry economist, describes the next 10 years.
The market trends he identifies in today’s Albany Herald are familiar (increasing housing starts in the U.S., growing fibre deficit in China, shrinking fibre supply in Canada). What’s more thought-provoking (if not deflating, in the face of beetlemania in B.C.) is the certainty with which he predicts that the Southern U.S. forest products industry will be the big winner. Echoing much of what Interfor’s Martin Jurvasky told us back in April, Michaelis explains just how Georgia’s abundance of trees is poised to fill the gap.
See: Forest business gives Georgia solid lead.
“It’s all about capacity.”
– Ted Seraphim, President & CEO, West Fraser Timber,
at the 2014 COFI Conference