|
What? Your Own Tropical Hardwood Trees?
Wood Magazine - January 1997
Click here for the complete text of the article, or click on the thumbnail below to go to a full size image of the article.
Below is the complete text of the article.
What? Your Own Tropical Hardwood Trees?
WOOD MAGAZINE, January 1997
A brochure distributed at the American Association of Woodturners' 10th annual symposium in Asheville, North Carolina, touts the financial benefits of investing in tropical hardwood trees. According to the publication, $2,600 invested in young teak trees planted on Costa Rican plantations could yield about $103,000 in 25 years. Tropical American Tree Farms, a Costa Rican corporation formed by Americans Steve and Sherry Brunner, says the same amount put in savings or certificates of deposit drawing compound interest at 5 percent would bring you $8,805 in
that period of time.
Betting that the future supply of teak and other tropical hardwoods will dwindle due to lost rain forest and restricted logging, Tropical American Tree Farms has put together an investment plan based on forest management. On its 3,700 acres, situated on Costa Rica's Pacific highlands, the company is planting 40 species of trees selected for growth potential and high value. Investors pay for the trees, the planting, management, and harvest costs, and share the profit. The operation is certified as environmentally sound by the Smart Wood Program of the Rainforest Alliance.
For a copy of the brochure, drop a line to Steve and Sherry Brunner, Tropical American Tree Farms, 717 City Park Avenue, Columbus, OH 43206. (TATF note: This is now an old address - please go to How to Contact Us.) |
|
|
