Raw Materials

Raw Materials

It has been both an exciting and challenging year in British Columbia. The global economic downturn and the cyclical nature of the resource industry have created concerns that did not exist a year ago. However, BC is resilient, and we are confident that by continuing on the course set out in the BC Energy Plan and BC Mining Plan, we are laying the foundation necessary to keep BC strong. Since 2001 the oil and gas industry has experienced unprecedented growth, with record petroleum and natural gas rights sales in fiscal 2008/09 generating $2.4 billion in revenues for British Columbia…

- (Honourable Blair Lekstrom, Minister of Energy, Mines and Petroleum Resources. July 24, 2009)

Lumber and value-added wood product manufacturing comprise the single largest sector of the growing manufacturing industry in the Okanagan region. This is followed by metal and steel product manufacturing, and the manufacture of food and beverage products.

In Penticton, natural resources are readily available for local manufacturers to produce goods. Fruit/Orchard/Vineyard resources contribute to the large concentration of successful food processing facilities.

Questions? Contact Penticton Economic Development

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