Tuesday, 30 January 2018 11:48

Town of Belfast announces major international company joining the city Featured

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Town of Belfast announces major international company joining the city

BELFAST – After assessing international markets and conducting comprehensive site searches throughout New England, Nordic Aquafarms, headquartered in Norway and one of the premier international developers of land-based aquaculture, has signed agreements to purchase 40 acres on the outskirts of Belfast, where it will build one of the world’s largest land-based salmon farms.

Nordic Aquafarms plans to construct a land-based salmon operation with a 33,000 ton (66 million pounds) annual production capacity, in several phases. The initial phase will involve an investment of $150 million (USD) and is expected to employee 60 people when completed in the next two years. When fully built out, the facility will represent a total capital investment of between $450 to $500 million (USD) and be based on proprietary designs under development. It will be an end-to-end operation, including hatcheries and fish processing.