Trident Invests in APICDA’s Bering Pacific and Cannon Fish Subsidiaries
SEAFOODNEWS.COM by John Sackton - November 17, 2017
APICDA and Trident Seafoods announced today an agreement in principle where Trident will make an investment in APICDA’s subsidiaries Bering Pacific Seafoods and the fuel operation in False Pass, and in Cannon Fish Company, located in Kent, Washington.
Larry Cotter, CEO for the Aleutian Pribilof Island Community Development Association and Joe Bundrant, CEO of Trident Seafoods, announced the agreement which will give Trident joint ownership in all three of the operations.
“We are excited to partner with Trident in these operations,” said Larry Cotter. “Trident has a long history of adding value to Alaska’s fishery resources, which has benefited the state’s fishermen and its fishing‐dependent communities. Trident’s investment offers APICDA the opportunity to focus greater resources to develop needed fishing industry infrastructure in our other Community Development Quota (CDQ) communities of Nelson Lagoon, Atka and St. George as we did in False Pass.”
APICDA has operated Bering Pacific Seafoods in False Pass since 2009..
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