At the inaugural summit, 71 participants, including key lumber industry leaders, the top five lumber producers in North America, and component manufacturers representing approximately 700 million board feet of U.S. structural lumber purchases, attended.
There was general agreement by those in attendance that the short-term goal of this group was to prepare for upcoming and anticipated Southern Pine design value changes. The aim was to forego the traditional adjustment process that can take years and is typified by the circular questions of component manufacturers asking, “what grades and sizes can you sell me?” and lumber suppliers replying by asking, “what grades and sizes do you need?”
Focusing on that short-term goal, summit participants discussed creating a series of standard grades or design value ranges that manufacturers could use and lumber producers could readily produce.