This study was performed to investigate the potential of torrefied tulip tree (TT) for the production of pellets. For this purpose, chemical composition and fuel characteristics of torrefied TT were examined. In addition, pellets were fabricated by using sawdust of torrefied TT chip, and durability of the pellet was measured. Lignin content of torrefied TT was higher than that of non-torrefied TT, and increased with the increases of torrefaction temperature and time. Fuel characteristics of torrefied TT were affected by torrefied conditions, and the characteristics were influenced more by torrefaction temperature than by torrefaction time. Higher heating value (HHV) and ash content (AC) of torrefied tulip tree increased with increasing torrefaction temperature, and the values were much higher than HHV and AC values of non-torrefied TT. Durability of pellets fabricated with $230^{circ}C$- and $250^{circ}C$-torrefied TT was higher than that of $270^{circ}C$-torrefied TT, and the value exceeded the minimum requirement (-97.50%) of the 1st-grade pellet standard designated by Korea Forest Research Institute. Based on the results, torrefaction treatment of $250^{circ}C/50min$ to TT might be a optimal condition for the production of TT pellets considering the mass balance and fuel characteristics of TT as well as the durability of the pellets. Thus, it is confirmed that torrefied TT can be used as a raw material for the production of bio-pellets.