Tag Archives: seal processing plant
Chinese investors eye Port Union fish plant as a seal processing plant
Venture capitalists who are looking to invest $90 million US in the province have their sights set on the former Ocean Choice International shrimp plant in Port Union, according to MHA Neil King. OCI turned the plant over to the municipality of Trinity Bay North in August 2016, six years after it was destroyed by Hurricane Igor. The town is looking for a new business — or several — to breathe new life into the facility. “Last week we had a group of Chinese investors come down who are looking at investing in Newfoundland and Labrador,” said King, who hopes to see the plant soon process seal. “There’s some good potential there to get things rolling.” Read the story here 08:19
Saint John’s: Bernie Halloran looking to open seal processing plant
The owner of a popular seal skin retail store in downtown St. John’s says he’s looking to open his own processing plant somewhere in the province. Bernie Halloran, the owner of Always in Vogue, said he wants to open a processing plant, not to cut out the middle man, but to get into the market before it’s too late. Halloran said he thinks there is going to be a large demand for more seal products — despite the ongoing push by animal rights activists against the controversial seal industry. Read the rest here 16:03
