Wednesday, April 24, 2024

Trident closes sale of Ketchikan plant to Silver Bay

Here's the press release.

2 comments:

Anonymous said...

Why would they sell Ketchikan with its high-volume cannery and new high-volume freezer? But then keep the old Wrangell plant which is strictly a freezer and not in as good a geographical spot as Ketchikan? Anyone have a clue to what they are thinking?

Anonymous said...

I think they're going out slowly. They closed False Pass and are only doing half of their production in Sand Point this summer. They can do half a million a day in Sand Point, but said they're only going to do half of that. They already told their fleet it's going to be on limits.