Bid Group has announced a $3.5 million investment to modernize their Vanderhoof operations.
In a Dec. 8 news release, company officials said they are investing these funds “to create a steel pattern preparation center using the latest laser and plasma technology. The company will purchase high-speed laser cutting equipment as well as oxy/fuel cutting equipment and a press-brake to create a world class manufacturing site.”
This investment will help Bid produce over 80 percent of the steel patterns required for the company’s Western Canadian operations, said Simon Potvin, executive vice-president and COO Wood Processing for Bid Group.
“Steel patterns are a key component in the manufacture of our equipment. This investment will allow us to produce over 80% of the steel patterns required for our Western Canadian operations to continue to provide our customers the assurance of the highest quality workmanship in the industry. This project is part of our long-term manufacturing strategy and we are pleased to announce this investment in our future,” he said.
Construction is scheduled to begin April, 2021, with production beginning by September 2021.
As per the press release, this project also includes a fire pond to ensure the safety of the Vanderhoof facility.