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Trident to sell Kodiak plant to Pacific Seafood

Kodiak’s largest seafood processing plant has a new owner. Trident Seafoods announced on Oct. 14 that it reached a deal with Pacific Seafood for the downtown facility. The Star of Kodiak plant in its namesake town is the last plant to sell after Trident, which is based in Seattle, announced a major restructuring plan back in December 2023, which included selling four plants in Alaska – a third of the company’s facilities in the state. Trident noted the tough state of the seafood industry for its decision – a market collapse detailed by a recent “economic snapshot” from the National Oceanic and Atmospheric Administration, which found that Alaska’s seafood industry was worth $1.8 billion less in 2023 than it was in 2022. Links, more, >>CLICK TO READ<< 09:39