Forbes Magazine
One company awarded the seed funding was Pacific Reclaimed Lumber & Supply of Sebastopol, Calif. It will design a web-based platform to increase purchases of reclaimed lumber and building materials.
“The U.S. reclaimed lumber industry is poised to become an $11 billion industry by 2030, but could strive for a more ambitious goal with increased sales efficiency. The construction industry currently disposes of over 27 million tons of wood waste annually, much of which could be salvaged through deconstruction. Reclaimed lumber offers significant environmental benefits, reducing climate emissions by up to double compared to disposal, and sequestering embodied carbon for 50-100 years when reused. However, for the reclaimed lumber industry to meaningfully reduce national waste, it must scale up operations and sales. A key step will be making reclaimed lumber inventories more accessible online, which is currently a challenge,” stated the grant proposal.
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