For-profit companies in Cariboo, north receive cash to boost value-added manufacturing

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The support comes from the BC Manufacturing Jobs Fund (BCMJF)

Companies in 150 Mile House, Vanderhoof, 100 Mile House and Terrace will receive financial support from the government for value-added manufacturing projects that promote more sustainable jobs.

New Wave Docks Ltd. at 100 Mile House will receive as much as $300,000 to double manufacturing capacity and provide space to diversify production. This entails the construction of a new 14,000-square-foot steel-engineered building to house a large-scale roto-oven and aluminum fabrication shop in the same facility, and will create as many as 15 new jobs.

“By empowering innovative ideas and investing in companies that value a clean, sustainable future, we are setting the stage for local economies to flourish,” said Brenda Bailey, Minister of Jobs, Economic Development and Innovation. “The projects we’re supporting through the BC Manufacturing Jobs Fund will create stability for workers and their families throughout the province by keeping good-paying jobs in the communities they call home.

Funding through the BCMJF is part of a series of programs the Province has introduced to support the growth of value-added manufacturing in B.C. In January 2023, the Ministry of Forests introduced a new value-added manufacturing program to establish a dedicated fibre supply for small and medium-sized manufacturers. The Province is working with the value-added manufacturing sector to increase the flow of fibre and find ways to expand local production of high-value wood products.

“We are eager to embark on this journey, unlocking potential, creating employment and making a monstrous impact within the manufacturing sector in northwestern B.C. and beyond. Our commitment to success will invigorate and empower our team, fostering a culture of growth and achievement at Monster Industries.”

 

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