Kvarøy Arctic Parent Company Invests $16 Million USD Into New Smolt Facility
On Monday Kvarøy Fiskeoppdrett AS, the parent company of Kvarøy Arctic, announced that they would be investing $16 million USD into the upgrading and expansion of Kvarøy’s Smolt facility.
Kvarøy’s Smolt facility is located inside the Mo Industrial Park. The company said that they plan on renovating two production halls, as well as install a new energy and treatment plant, and create a new administration building. This investment will not only increase production, as they plan to install new steel tanks that hold approximately...
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