Industry Sector Profile: Forestry

Forestry Industry At a Glance

The forestry industry in Newfoundland and Labrador is a vital economic force, contributing around $400 million annually to the region’s economy. The industry encompasses four key sectors: Pulp and Paper, Sawmilling, Value-added Manufacturing, and Wood Energy, each playing a crucial role in the province’s livelihood and economic stability, particularly in rural areas.

Prioritizing Technology

Recent technological advancements, such as finger-jointing, have expanded the sector’s capabilities and reduced reliance on external markets. Value-added Manufacturing in the province involves producing higher-value wood products like cabinets, doors, and furniture, primarily for local consumption. Wood Energy remains a cornerstone, serving as a primary residential heating source, with options like firewood, wood pellets, and briquettes offering convenience and sustainability. The industry continues to thrive, benefiting both the local economy and the environment.

OPPORTUNITY

With a growing demand for skilled workers in fields such as mill operations, science, engineering, trades, woodlands management, transportation, and administration, the industry is actively seeking a new generation of workers to fill these roles. If you’re seeking a rewarding career with a well-balanced lifestyle, the forestry sector offers diverse career paths and prospects for both seasoned professionals and newcomers alike.

SUSTAINABILITY

The forestry industry in Newfoundland is committed to sustainability, following stringent regulations outlined in the Forestry Act. Through the implementation of a 10-year Sustainable Forest Management Strategy, the province aims to balance the long-term health of its forests with economic and social benefits.

THE FUTURE

The industry’s commitment to sustainable practices, comprehensive forest management planning, and active engagement with the public and stakeholders positions it for continued growth and innovation, providing economic opportunities while safeguarding the environment.

Currently employing over 2,200 individuals directly and indirectly benefiting more than 5,000, the forestry sector is a vital contributor to the provincial economy.

INDUSTRY SHOWCASE

A & F Hollett & Sons is a prominent player in the forestry sector of the Exploits Region, in Central Newfoundland. Their core offerings include high-quality firewood, lumber, and access to a wide range of heavy equipment for hire. With a strong presence in the local industry, they are dedicated to providing top-notch products and services to meet the needs of the community and beyond.