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Varaldsøy- mining
There is still a lot of ore in the abandoned mines on Varaldsøy Island. If today's prices and availability of ore continue, it is doubtful whether the mines will resume operation. But, the pyrite is there, if the market should return. On Varaldsøy Island one finds at least nine mines and prospect pits, that for the most part date back to the latter part of the 1800s.
Valestrandsfossen- tanning industry
Valestrand became a centre for the tanning industry in Osterøy; one of the old crafts that has developed into a local industry with many places of work. From the 1870s ever more ventures were started. Many of the large sea houses we see today around the bay have been places for tanning and leather enterprises.