Cooke lands $4.7 grant for True North Salmon processing plant

Cooke lands $4.7 grant for True North Salmon processing plant

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.

Salmon, Atlantic

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