Lumber
Chestnut heartwood is legendary for its rot resistance. Logging of standing dead trees and then of the fallen logs took place for decades after the chestnut trees were killed. Like redwood, lumber made from chestnut heartwood needs no pressure treatment before being put into service, and leaches no toxic compounds upon weathering. In an increasingly environmentally conscious society, marketing a naturally rot resistant alternative to both pressure treated lumber and old-growth redwood lumber should be easy.
Nut crop
Despite its relatively rapid growth, it will be many decades before plantations or hedgerows of chestnut begin producing significant quantities of timber. However, unlike many other timber-tree species, American chestnut also produces edible nuts. Flowering begins in as little as five years, and as trees mature, crops become frequent and copious. These can serve as a cash crop while the trees mature. Marketing the nuts will be even easier than the lumber. Not every new crop has its own Christmas carol already ingrained into the culture!
Biomass
Yet a third new use for the species is in producing biomass for an alternative energy source. Chestnut coppices vigorously, exhibits rapid juvenile growth, and has higher specific gravity than many of the other candidates for biomass production. It also performs well on dry upland ridges where other biomass tree species, such as poplar or willow, would fail.
Enhancement of biodiversity
Biodiversity in forested ecosystems is coming to be recognized as an important attribute. In addition to directly increasing biodiversity by reintroducing a species that was once an important component of many forest ecosystems, reintroduction of the American chestnut may have a positive effect on wildlife populations. In many forest ecosystems various oaks have replaced the American chestnut as the primary mast producers. However, the oaks are notorious for producing sporadic mast crops. Before the blight, the chestnut could be counted on to produce a large mast crop nearly every year. This large and predictable mast crop was stored away by squirrels and other rodents, and consumed in large quantities by deer, bears, turkeys, and many other wildlife species to fatten up for the winter. Reintroducing this primary producer into the forest ecosystem may very well make the job of managing for multiple non-timber values easier.