SURREY, BC, Nov. 5, 2014 /CNW/ - Another high-profile business is moving to one of Metro Vancouver's fastest growing industrial areas. A joint-venture partnership between Beedie Development Group ("BDG") and Surrey City Development Corporation ("SCDC") will welcome Weir Canada Inc. in 2016 to Campbell Heights North, a 250-acre business park in southeast Surrey developed by SCDC.
The partnership will see SCDC and BDG develop a 114,000-square-foot custom-built facility for R. Wales Canada, a business unit of Weir Canada Inc., that provides engineering services and manufactures processing equipment for the resource sector worldwide.
This is the first time BDG, Western Canada's largest private industrial landlord, is building on industrial land owned by SCDC.
"We are excited to be working with SCDC," said Todd Yuen, president of BDG's industrial division. "This development adds to our presence in this centrally-located industrial area."
Campbell Heights has quickly become one of Metro Vancouver's most attractive industrial hubs due to its central location and transportation connectivity. Notable tenants include Loblaw Companies Ltd., OK Tire, and Advanced Wire Products.
R. Wales Canada is currently located in a 37,000-square-foot facility in Richmond, BC, with an additional 23,000 square feet of outdoor work space. The Campbell Heights North facility will be on 5.83 acres of land and will include an additional 30,000 square feet for future expansion. The company will create 30 new jobs, bringing the total number of employees in BC to 110.
"We searched a number of locations and facilities across Metro Vancouver and determined Campbell Heights North is best-suited for the company's needs," says Michael Carrigan, President of Weir Canada Inc., an employer of 1,400 people across Canada.
Weir Canada's 20-year commitment in Campbell Heights North helps fulfil SCDC's mandate to stimulate economic development in Surrey and attract high-paying, skilled jobs to the city.
"Weir's selection of Campbell Heights North is a clear testament to the many benefits of this location in terms of access to a strong employee base and transportation networks," said Doug Avis, SCDC VP Development & Investment. "With Beedie's expertise in industrial development and construction, we're able to offer Weir Canada a facility that will provide a solid foundation for growth well into the future."
Beedie Development Group
Beedie Development Group, headquartered in Burnaby, BC, was established 60 years ago and has developed more than 20 million square feet of industrial space across Western Canada. The company also owns 50 acres in Campbell Heights Business Park with a total industrial portfolio in excess of eight million square feet across Western Canada. BDG is also active in numerous mixed-use and residential developments. http://www.beediegroup.ca/
Surrey City Development Corporation
The City of Surrey established SCDC in 2007 to oversee development of city-owned properties and acquire sites for future development to facilitate economic activity, generate jobs and maximize the value of its real estate for the city. http://scdc.ca/
Weir Canada Inc.
Weir Canada Inc., part of the Weir Minerals Division, is a subsidiary of The Weir Group plc headquartered in Scotland and employs more than 15,000 people worldwide. Established in 1897, Weir Canada supplies engineering expertise and equipment to more than 20,000 resource businesses in Canada and around the world. In March 2013, R. Wales joined the Weir Minerals portfolio of world-renowned brands and services. R. Wales designs and manufactures rubber lining for pipes, tanks, chutes and hoses and specializes in custom rubber and urethane molded products. Additional products include high-pressure pipes and spools, material conducting hose, and gate valves. www.weirminerals.com
Image with caption: "Aerial view of Campbell Heights North Business Park (CNW Group/Surrey City Development Corporation)". Image available at: http://photos.newswire.ca/images/download/20141105_C7380_PHOTO_EN_7530.jpg
SOURCE: Surrey City Development Corporation
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