3 seafood processors announce closures, selloffs following historic price collapse for Alaska fishing industry

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Trident, Peter Pan Seafood Company and most recently OBI Seafoods – just last month – have all cited turbulent market conditions for their decisions.

Three major seafood processors in Alaska have announced plans to sell off their plants or temporarily close for the upcoming fishing seasons. , which is a commercial fishing and seafood industry trade magazine. She’s been following this market downturn.Kirsten, it seems like one company closing a plant would be pretty drastic, let alone three.

What happens to these communities that are losing plants or have large fishing fleets?Well, I think in the short term they’ll be looking at how to keep people working. In Kodiak, where I live, Trident’s plant – which the company has said it will sell – employs hundreds of people, many of them live here year round.

 

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