Tag Archives: fish plant
For more than a century, a fish plant fueled King Cove’s economy. Without it, can the community survive?
Five months ago, King Cove Mayor Warren Wilson wrote an opinion piece in the Anchorage Daily News. The headline was stark: Fighting For Our Lives in King Cove. Peter Pan Seafood Co., the owner of a plant that had served as the economic engine of the Southwest Alaska town of about 800 for more than a century, had just announced it would cease operations. “As King Cove’s mayor,” he wrote at the time, “it hurts my heart to say that it has taken only a few short months for me to no longer recognize my world. Events have conspired to threaten our very existence.” The seafood industry around the world has been devastated by low fish prices, high interest rates, oversupply in some markets and poor fish returns in others. In Alaska, according to a recent report from NOAA Fisheries, profits fell by half between 2021 and 2023. Few Alaska communities have felt the pain of the seafood industry crisis more than King Cove. With the plant’s owner out of business, residents are left to wonder if their community has a future. more, >>CLICK TO READ<< 09:43
Grand Bank council to discuss new Arctic surf clam licence with LeBlanc
Last week’s announcement by federal Fisheries Minister Dominic LeBlanc a new Arctic surf clam licence will be issued for next year is concerning news for the Town of Grand Bank. Mayor Rex Matthews raised the topic during the town’s council meeting on Monday afternoon. Matthews said a council delegation has a 30-minute meeting scheduled with LeBlanc on Wednesday afternoon in St. John’s, where Prime Minister Justin Trudeau and federal cabinet ministers are meeting this week for an annual retreat. “The problem is it’s taking away existing quota from our fish plant here in Grand Bank,” Matthews said, adding the change could have a major impact on the facility. click here to read the story 15:33
