Kingfish Co buys site for US yellowtail RAS facility
Dutch seriola farmer The Kingfish Company has concluded the purchase of land for its new 8,500 tonne recirculating aquaculture system (RAS) facility in Jonesport, Maine, in the United States, it said today.
The purchase follows the approval of two final permits from the State of Maine Department of Environmental Protection (MDEP) earlier this month, that enable Kingfish Maine to advance to pre-construction design and engineering on schedule. Both critical water-side permits were obtained earlier during 2021.
“These announcements represent a major milestone in The Kingfish Company’s execution of its expansion strategy, and its focus on technology-driven local production of high value seafood in the EU and the US,” said chief executive Ohad Maiman.
Ready to build
“Today, Kingfish Maine is one step closer to achieving fully operational status, and we are ready to build on our proven blueprint and scale our technology locally to service our network of distributors nationwide.”
Kingfish Maine is a wholly owned subsidiary of The Kingfish Company - the largest yellowtail kingfish (seriola lalandi) producer in the European Union - and will deploy the same advanced technology it is using in the Netherlands, where it is increasing to 3,500 tonnes by the second half of 2022.
In recent months, Kingfish confirmed a US nationwide retail partnership with Whole Foods to sell the company’s yellowtail product at all locations across the country.