News | Upper South Island
15 Jan 2026 3:12
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      Home > News > National > Upper South Island

    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.

    © 2026 Newstalk ZB, NZCity

     Other Upper South Island News
     10 Jan: MetService has issued a severe weather warning for the South Island West Coast
     08 Jan: One person's seriously injured after a glue drum exploded at an industrial site near Motueka
     06 Jan: Police are seeking an Auckland man in relation to assault and theft offences
     03 Jan: The Central Hinds have claimed a second win over the Canterbury Magicians in three days to move into third on the women's Super Smash ladder
     03 Jan: The Central Stags are looking to get their Super Smash title defence back on track in Nelson this afternoon
     30 Dec: Officials are closely monitoring strong winds across the West Coast, upper South Island, and lower North Island, which have left thousands of people without power
     28 Dec: Crews are cleaning up an oil spill along a stretch of State Highway 73, between Christchurch and the West Coast
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