Britco Industries, with plants in Penticton and Aggasiz, was selected as one of four manufacturers in a new 322-unit seniors housing initiative by the fedral and provincial goverments. The other successful bidders were Northern Trailer (Kamloops), Freeport Industries (Parksville), and Chaparral Industries (Kelowna).
Britco will be building 124 units worth about $6 million at their Aggasiz and Penticton facilities, while Northern Trailer will produce 108 units worth $5.4 million at their Kamloops factory. Freeport will put together 46 units worth $2.2 million at their Parksville factory, while Chaparral will build 44 units worth $1.9 million at their Kelowna plant
The federal and provincial governments are each putting in $7.75 million for the construction of the 322 modular housing units being produced for the Seniors Rental Housing (SRH) initiative. The goal of the program is to provide affordable housing to seniors and disabled individuals in rural and remote communities. The units are slated to be built almost 100 per cent from B.C. wood from pine beetle affected forests.