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10 Sep 2025 3:44
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      Home > News > Business

    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational

    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational


    The King Salmon Investments Limited board spent over eight-million-dollars on the site at Blenheim's Cloudy Bay Business Park to replace its Nelson-based factory.

    When fully operational, the farm will have capacity to produce 10-thousand metric tonnes of King salmon.

    Any potential changes are at least three years away.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     09 Sep: The secondary teachers' union says their latest pay offer doesn't meet the core issues
     08 Sep: Global markets have helped the country's Superannuation Fund to surge pass key performance benchmarks
     08 Sep: Hopes new trains will boost economic activity across the lower North Island
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    BUSINESS BUSINESS
    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational More...


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