Maine aquaculture firm financed for land based California yellowtail farm
Maine, U.S.A.-based aquaculture firm Acadia Harvest has completed a new round that will give it USD 700,000 (EUR 623,000) to build out a land-based fish farm in Corea, Maine that will have a one-million pound capacity. The Company plans to open its plant in late 2017. The capital, which comes from a combination of private and institutional investment, will allow the company to fund land acquisition, development and operation permits and some build-out of the farm, which it said would focus on growing California yellowtail it will market as “Maine Hiramasa. Acadia Harvest is also researching the use of fish waste as nutrition for other commercial species, and in developing sustainable aquafeeds. Read the story here 10:25
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