Isn't this the tree which is eating the Everglades due to its invasiveness?
From memory they were tried as a planted forest for chipwood harvesting. Concept is they could be cut every so many years. However, when cut the stump makes many suckers, none of which will grow into a decent tree unless all of the other suckers are kept trimmed off. Became way too much work.
I've also heard once established they are very hard to kill off - much like pivot hedge.