Tom Shafer’s business is mining trees. It’s not really harvesting; maybe re-harvesting.
“Recovering a forgotten forest” is his company motto. He likes to think of it as mining. And Shafer’s not just selling lumber to panel offices, restaurants and your home den or man cave. He’s selling history. He’s selling green.
Shafer, a former stock trader, and his business partner, Steve Sanders, founded Maine Heritage Timber in 2010 to exploit a vast trove of sunken logs in Quakish Lake in the economically ailing North Woods town of Millinocket, Maine.
It is a long way from Wall Street, but it’s apparent talking to Shafer that the man has a passion for his product. And, in a sense, he’s still selling, just not stocks. [Read more…]