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logo 11/27/2024 12:47:51 AM     
Cooke lands $4.7 grant for True North Salmon processing plant 
CA Source: thefishsite 12/8/2023
Cooke lands $4.7 grant for True North Salmon processing plant
Credit: Cooke Aquaculture
New processing equipment, funded by the Atlantic Fisheries Fund, will help an Eastern Charlotte aquaculture company improve productivity and expand operations for the Canadian aquaculture industry.
 

Through the Atlantic Fisheries Fund, the provincial government is providing $2 (€1.8) million to True North Salmon and its parent company, Cooke Aquaculture, for the purchase of equipment for its salmon processing plant in the town of St George. The federal government is providing $4.7 (€4.4) million, for a total repayable loan of $6.7 (€6.2) million.

 
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