We told you in the spring how Icicle Seafoods Inc. was closing its seafood plant on the distant Aleutian island of Adak, and how the processing equipment would be put up for auction.
Well, the auction is over with the city of Adak and a local community development nonprofit jointly submitting the winning bid.
It's a more than $2 million bet that Adak, trying to remain a viable civilian town on what used to be naval base, can attract another processing company to make use of the equipment.
The alternative, City Manager Layton Lockett told Deckboss, was to let the equipment leave the island, perhaps dooming chances for restarting the processing plant.
The city itself has no intention of running the plant, Lockett said.
Folks on Adak are confident they can lure a new processor.
"To take this kind of gamble? Yeah, for sure," Lockett said. "Fishing is our future."
Here's a press release from the city with more details.