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Pacific Seafood Asked to Buy Trident Surimi Plant

Apr 11, 2017
Pacific Seafood and Trident plan to meet with fishermen, community stakeholders, and government regulators to gauge support for the proposed sale, with hopes of saving the 2017 whiting season. Whether the plant opens or not, Pacific Seafood will offer jobs to all of Trident’s current employees.
NEWPORT, Ore. – April 10, 2017 – Trident Seafoods Corporation has approached Pacific Seafood Group about buying its surimi processing plant on Newport’s famed “working waterfront.” The Trident facility has been financially unprofitable since 2011.

“This facility is an important part of the Newport community and provides access to a major international market,” said Tim Horgan, a spokesman for Pacific Seafood. “We’re uniquely able to turn things around financially and keep the facility open.”

Surimi is a processed fish protein that can be flavored, colored, and shaped to resemble crab, shrimp, scallops, and other products. It is considered one of the most sustainable fish products because it can be made from both byproducts and whole fish.

Sold primarily to Asian markets, surimi is a major international commodity, with global production of more than 1.1 billion pounds per year. Trident’s facility is the only on-shore processing plant in Oregon that continues to produce surimi products.

The Trident facility makes surimi from Pacific whiting, also known as hake. It operates seasonally from June through October and, during peak season, employs as many as 150 people. Economic activity associated with the plant generates more than $300,000 in annual revenue to local and state governments.

Pacific Seafood is prepared to continue operations at the plant but is proceeding cautiously as a result of frivolous lawsuits filed by a Portland attorney.

“We’re ready and willing to open in time for the 2017 season, but don’t want to get bogged down in litigation,” said Horgan.

Pacific Seafood and Trident plan to meet with fishermen, community stakeholders, and government regulators to gauge support for the proposed sale, with hopes of saving the 2017 whiting season. Whether the plant opens or not, Pacific Seafood will offer jobs to all of Trident’s current employees.

“We’re excited to welcome Trident’s team in Newport to the Pacific family,” said Horgan.

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