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Posted: March 3, 2021 The long untapped potential of Cranbrook’s rail-side industrial lands can be considered tapped. Initial subdivision and development plans through Peak Industries are in the works for the industrial lands off Theatre Road in Cranbrook, which are already showing plenty of potential for investment and business growth opportunities. The finger joint plant has been revamped and is now producing finger joint studs for shipment to the U.S., with 23 full time workers and a second shift of 15 more workers set to begin shortly. The market for these materials is strong and the company can sell as much as they are able to produce. ....
First Nations pursue natural gas project March 1, 2021 Local Journalism Initiative Reporter Lheidli T’enneh Nation, McLeod Lake Indian Band and Prince George-based Formula Capital Corp. said they are close to forming a partnership to develop a petrochemical complex in the First Nations’ fledgling industrial park north of the city. The move comes after West Coast Olefins Ltd. president Ken James said in December it has decided to renew a plan to build a complex at the BCR Industrial Site in Prince George. WCOL had considered properties near Summit Lake and Bear Lake – including land LTN and MLIB have their eyes on for the industrial park – but backed away, James said, because opposition to the project remained just as strong as if if was to be built in Prince George. ....
Lheidli T’enneh Nation, McLeod Lake Indian Band and Prince George-based Formula Capital Corp. said Monday they are close to forming a partnership to develop a natural gas complex in the First Nations fledgling industrial park north of the city. ....