The Southern Forest Products Association’s (SFPA) executive committee has approved a credit of $155,000, or 51% of budgeted dues for its lumber manufacturer members. With flexibility in its capital reserves, SFPA will return the excess revenue in the form of a dues credit on monthly reported Southern Pine lumber shipments.
The significant credit demonstrates SFPA’s commitment to prudent budgeting and increasing SFPA’s value for its members,” said Eric Gee, SFPA’s executive director. “This ongoing dedication has allowed the SFPA, for the third time in its 118-year history, to share excess revenue with lumber manufacturer members.”
As we move forward into 2024, we remain committed to building on the success of our lumber promotion activities, international market development, and the Forest Products Machinery and Equipment Exposition, said Rich Mills, chairman of SFPA’s board of directors.
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Learn more about becoming a member of the Southern Forest Products Association here.