Revenue from goods manufactured during 2007 was comparable to 2006

Sales of equipment related to dental and health care were up sharply; demand for instrumentation for the energy sector fell.

Allan Crate

Sales of equipment related to dental and health care were up sharply; demand for instrumentation for the energy sector fell.

But at the end of the day, the total revenue from goods manufactured in the Red Deer region during 2007 was comparable to the tally for 2006.

This was a finding of Red Deer Regional Development’s annual manufacturing survey, the results of which were announced Thursday. Respondents reported combined sales of $6.2 billion for 2007, up $2.1 million from the total revenues claimed the previous year.

Cyril Cooper, land and economic development officer with the City of Red Deer, said this performance is pretty good, considering that local manufacturers have been hurt by the high loonie, a slowdown in the natural gas industry and scarce labour.

“Given those three big obstacles, the local economy still remains very strong,” he said.

Although the energy sector remains the “bread and butter” of Central Alberta’s manufacturing industry, other products like furniture are on the rise.

This helped balance a decline in demand for oilpatch equipment, suggested Cooper.

“It does demonstrate diversification.”

He also credited local companies for adopting new technologies, improving efficiencies, diversifying into other products and pursuing new markets.

Their success in looking elsewhere for buyers is reflected in the fact that half of survey respondents said they sold internationally last year, up from 18 per cent in 2006.

The health of the local manufacturing industry is critical to Central Alberta’s economy, said Cooper.

He pointed out that manufacturing has a very high multiplier effect when it comes to job creation.

Red Deer Regional Development is an economic partnership consisting of the City of Red Deer, Red Deer County, the Red Deer Chamber of Commerce and Red Deer College. This year, it sent its survey to 219 regional manufacturers, with 62 per cent of these responding.

Contact Harley Richards at hrichards@bprda.wpengine.com

Just Posted

La Loche school shooter carried out plan with ‘stark efficiency:’ Crown

MEADOW LAKE, Sask. — A Saskatchewan judge is weighing whether a teenager… Continue reading

Castor triple-murder trial resumes on Monday

Trial was delayed two weeks for two men accused of killing Castor-area family

Red Deer Royals are sending 1,000 letters to Trudeau

The band must pay for the last 20 per cent of fieldhouse costs

Central Alberta real estate market reflects Alberta’s slow recovery

Real estate markets will bounce back but incoming mortgage changes don’t help, say realtor groups

Lorinda Stewart recounts bargaining for her daughter’s life in new memoir

Amanda Lindhout’s mom will speak in Red Deer on Nov. 4

UPDATED: Look no further than Westerner Park for renovation ideas

Red Deer Home Renovation & Design Show runs Friday to Sunday

Friday Oct. 21: Winning Lotto Numbers

Friday, October 20, 2017 LOTTO MAX Winning Numbers 1 4 12 27… Continue reading

New northbound Hwy 2 lanes at Gaetz Avenue to open this Sunday

Drivers heading north through Red Deer on Hwy 2 will have a… Continue reading

Sockey Night at Saturday’s Rebels game

United Way Central Alberta is determined to provide warm feet for all… Continue reading

Canadian planet hunter seeking alien life

‘The shifting line of what is crazy’ says Toronto-born astrophysicist

All three victims identified in Fernie arena ammonia leak

Wayne Hornquist and Lloyd Smith were from Fernie and Jason Podloski from Turner Valley, Alta

4 B.C. prisons install body scanners to combat drug smuggling

The scanners are aimed to combat the smuggling of contraband including weapons and drugs

Owner of medical marijuana dispensaries challenges constitutionality of law

The law under which the owner of two medical marijuana dispensaries was… Continue reading

Victim in fatal ammonia leak remembered for his passion and smile

Friends and colleagues remember Lloyd Smith as someone who was always willing to help people

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month