Business

Otter Co-op expands to Chilliwack

Otter Co-op has announced that construction of a new Chilliwack gas bar, convenience store, warehouse, bulk petroleum office, cardlock facility and bulk plant will begin on February 3.

The new location includes a 7,200 square foot building, gas bar and convenience store, cardlock, and a large bulk petroleum storage facility. This expansion is being undertaken to expand the services and products to Otter Co-op's members, and to prepare for the future growth their bulk petroleum department has been experiencing throughout the lower mainland.

The construction contract has been awarded to Petrocom Construction Limited, and the facility is projected to open in the fall of 2014.

This location will add sales in excess of $70 million a year to Otter Co-op’s petroleum division, and produce a healthy bottom line, which in turn is given back to their members through equity and cash. Over the past five years, Otter Co-op members have earned in excess of $17 million in cash and equity, and continue to share in the rewards of a locally owned company.

Otter Co-op services currently include gas bars, bulk petroleum, feed, food, family fashions, hardware, and pharmacies.

Customers don’t have to be a member to enjoy the services of Otter Co-op, but with a lifetime membership fee of $10 those who join will reap the benefits of ownership.

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