April 28, 2020
The SLB’s 2019 Annual Report: Generating Demand On Every Level
Through our investments in codes, communications, conversions, and innovation, we’re creating demand for softwood lumber products in a measurable way. 2019 was another outstanding year, thanks to the dedication, talent, and hard work of the professionals who work for the SLB and its funded programs.
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Highlights from 2019 include:
- 1,539 projects were converted from steel or concrete to wood, thanks to the collective effort of SLB-funded programs and initiatives.
- SLB-funded programs and initiatives generated 1.449 billion board feet (bbf) of incremental softwood lumber demand, 14% over our target for the year, and a 204 million board feet increase over 2018. Since its inception in 2012, the SLB has created more than 6.3 bbf of new demand, equivalent to an incremental $2.4 billion of revenue.
- For every $1 spent by the SLB in 2019, 106.5 board feet of incremental demand was generated.
- For 2019, the SLB delivered a total return on investment (ROI) of $37.90 for every $1 spent. The cumulative ROI average since 2012 is $25.22.
- The SLB has had a tremendous impact not only economically but also environmentally. The impact of 6.3 billion board feet in increased wood use is equivalent to taking 8 million cars off the road for a year.
Download the 2019 SLB Annual Report here.
Download the 2019 SLB Annual Report in French here.
If you would like a printed copy, please email info@softwoodlumberboard.org.
Download the English 2019 Annual Report Now
Download the French 2019 Annual Report Now
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