February 13, 2018
SLB’s 2017 Impact Exceeds 1 Billion Board Feet
SLB Board Members and Softwood Lumber industry have taken the time to share their thoughts on the assessment increase and reflect on the SLB's impact in the industry.
The Softwood Lumber Board (SLB) has released its 2017 results, which show continued year-on-year growth across key metrics of value to the industry. The results also stress the importance of the softwood lumber sector to the economy as a whole. Highlights include:
- SLB-funded initiatives generated 1.02 billion board feet (bbf) of incremental softwood lumber demand in 2017.
- Since its inception in 2012, the SLB has created more than 3.6 bbf of new demand and resulted in an incremental $1.33 billion of revenue.
- The SLB has delivered a total return on investment of $19.74 in incremental revenue for every $1 spent since 2012.