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18 Pallet C e nt ral • May -Ju ne 2 0 25 "Companies can take advantage of a number of charitable and prac cal uses for residuals, such as dona ng wood waste for animal bedding, mulch, or suppor ng fire departments in their burn schools." POLICY AT PLAY CONT. continues to evolve, one of the most critical factors in ensuring its future success is the education and preparation of the next generation of leaders. Heather highlighted the pressing need for innovation in managing and repurposing wood residuals. Yet, as these new technologies and markets emerge, ensuring that the individuals leading these efforts are equipped with the knowledge, skills, and vision necessary to drive the industry forward is equally important. e panelists agreed that while current industry leaders and stakeholders have a wealth of experience and expertise, the next generation must be nurtured and educated to meet the challenges and opportunities. Education not only introduces young professionals to the complexities of the industry but also inspires them to think creatively about the future of wood residuals and the circular economy. Wood Innova on Grant (WIG) Applica on Process And Market Expansion One primary mechanism to support the expansion of these markets is the Wood Innovation Grant, a government- funded initiative through the USDA designed to encourage the development of new technologies and processes for wood products, including residuals like biochar. If NWPCA is selected for funding support through WIG, NWPCA will be able to identify opportunities for market growth, understand the needs of NWPCA members, and help the industry better understand policies and regulations that can facilitate the use of residuals. Tom Miles highlighted the importance of NWPCA members actively participating in this process. is project will include a survey to gather insights from members about their current challenges in the residual market, the cost of disposing of wood waste, and potential areas where market growth is possible. e survey also seeks input on policy support to create more favorable conditions for developing residual markets. NWPCA worked closely with Tom to apply for the grant, leveraging his familiarity with the grant award process and expertise on the topic. Exploring Current Approaches To Residuals Jess Bonsall, Director of ESG at 48forty Solutions, discussed the company's innovative approaches to managing residuals in the pallet industry. Companies can take advantage of a number of charitable and practical uses for residuals, such as donating wood waste for animal bedding, mulch, or supporting fire departments in their burn schools. ese efforts contribute to sustainable practices while helping local communities. Jess also spoke about the potential for using residuals in energy production, such as pyrolysis, incinerators, and heat 18 Pallet C e nt ral • May -Ju ne 2 0 25

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