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BC Tree Fruits acquisition part of consolidation plan

BC Tree Fruits Cooperative purchased 85 acres of land in Kelowna, BC, with the purpose of building a new facility under the cooperative’s new One Roof plan. In conjunction with this purchase, BCTFC has an agreement in place to sell its property in Penticton, BC. Both transactions will be completed by May 31.bc

“Today is an exciting day for all of us at the cooperative,” said Todd McMyn, chief executive officer of BC Tree Fruits Cooperative. “This purchase signals our commitment to the industry, our growers, our staff and the valley and will give us the ability to compete on a global scale moving forward.”

“I’m thrilled for the future of our cooperative following today’s news,” said BC Tree Fruits Cooperative Chairperson Jeet Dukhia. “On behalf of the rest of the board of directors of the cooperative, we are looking forward to working closely with the senior management as we design and build a world class facility that all of our grower members and staff can be proud of.”

BCTFC board of directors and senior executive will be working closely with all levels of government over the near future laying the framework for the new facility in Kelowna. When complete, the One Roof plan will see a consolidation of all of the cooperative’s northern facilities into this new facility, which will house state-of-the-art apple, cherry, pear and soft fruit packing lines as well as office space and the cider operations and a destination cidery.