Cod on rebound, haddock takes hit
The codfish is on the rebound, and that means High Liner Foods CEO Henry Demone has never been more confident in the global supply of wild fish. The Alaska pollock is also in good condition, he says, and that has meant the Lunenburg seafood giant is a big beneficiary. This week, High Liner announced it will pay US$50 million to acquire American Pride Seafoods LLC, a frozen seafood and scallop processing company in New Bedford, Mass., from parent company American Seafoods Group LLC of Seattle. more@chronicleherald 08:51
Good for the fishery but ask Henry where over 60% of the fish harvested in Canada and the U.S. is processed for the High Liner Label!