Trident strikes deals to sell Ketchikan and Petersburg plants

 

March 20, 2024



Trident Seafoods has announced the sale of its Ketchikan processing facilities to Silver Bay Seafoods, and the sale of its Petersburg operation to E.C. Phillips & Son.

Trident has not announced buyers for two other Alaska plants it has put on the market in Kodiak, the company’s largest operation in the state, and False Pass, in the Aleutian Islands.

Seattle-based Trident is scaling back its Alaska operations amid weak seafood markets, low prices and changing consumer buying habits. The company has called it “a comprehensive, strategic restructuring initiative.”

The company is keeping...



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