Thursday, April 20, 2017

Britco Mothballing it’s Penticton, BC Canada Factory

Britco is one of the largest commercial modular construction companies in North America but now the company has announced it’s laying off virtually all of its workers at its Penticton facility.
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Britco has off-site construction facilities throughout B.C., Canada and Texas, USA. and builds modular construction facilities for a wide range of customers, including the oil industry. In March 2017, Britco’s rentals division was purchased by Black Diamond Group.

The plant’s production is being curtailed due to a lack of work at the moment but the objective is to build an order backlog and re-open with the flexibility to build both homes and commercial projects efficiently.

Britco’s Penticton plant was built to supply thousands of workforce housing units to oil field workers. However with the downturn in oil exploration, orders for housing have virtually died.

The company has kept a few employees on hand to make some changes to the production line configuration of the plant in anticipation of future work.

Britco has built a Passive House in one of its factories and is looking to enter the residential housing market with a number of floorplans.

It’s not known how many workers have lost their jobs but Britco did at one point employ 170 workers at its Penticton plant back in 2013. Britco reps have said they are still committed to restarting the factory.

1 comment:

Tom Hardiman said...

A group of management and a few others purchased the Britco US business in Texas, and Triple M Housing acquired the Britco manufacturing business in Vancouver. WesternOne Equity has now divested itself of all Britco business holdings I believe.