AquaBounty began construction of its first 10,000 metric ton Atlantic salmon farm in Pioneer, Ohio, holding a groundbreaking event attended by CRB, Innovasea, local and government officials and Ohio economic development leaders.
AquaBounty expects the project cost to be in the range of $290 million to $320 million, including a reserve for potential contingencies of $30 million. The company anticipates commercial stocking of salmon eggs to commence in late 2023. Once in full operation, the farm is expected to bring more than 100 new jobs to the region.
“We are pleased to have officially begun building our next-generation, highly productive facility in Pioneer, Ohio, which will serve as a model for the aquaculture industry and our continued expansion,” Sylvia Wulf, Chief Executive Officer of AquaBounty, said.
“This milestone comes after many dedicated teams completed extensive scientific investigation, analysis, testing, modeling, and regulatory review. We also celebrate with the Village of Pioneer, Williams County, the Regional Growth Partnership, and the State of Ohio, which will benefit from the introduction of a new industry with new jobs and new opportunities in Northwest Ohio,” Wulf added.
CRB will lead the design and construction of the facility for AquaBounty. Innovasea is designing the Recirculating Aquaculture Systems (“RAS”) technology for the new farm.
“AquaBounty’s facility demonstrates the bold vision necessary to defeating food insecurity on a global scale,” Ryan Schroeder, President of CRB, said. “We are extremely humbled and grateful that our integrated ONEsolution approach is playing a key role in uniting that vision with execution methods designed to deliver projects on schedule, on budget and with high quality,” Schroeder stated.
“This is an important milestone in the advancement of aquaculture in the United States, and Innovasea is excited to lend our RAS expertise to the project,” Innovasea CEO David Kelly stated. “AquaBounty’s state-of-the-art facility will go a long way to proving that commercial land-based aquaculture can be scaled up and remain both profitable and sustainable,” Kelly added.
“AquaBounty will establish its largest and most advanced facility here in Ohio,” J.P. Nauseef, President and CEO of JobsOhio, said. “The farm will create more than 110 new jobs while attracting the next generation of food production technology to Williams County,” Nauseef announced.
“As the global population increases, we are working to efficiently feed a hungry world with a sustainable source of nutritious food,” Wulf said. “The RAS technology and overall facility design combined with the proximity to major markets will continue to generate a lower carbon footprint compared to flying salmon produced overseas, as well as ease pressure on wild salmon stocks, while using natural resources responsibly and sustainably,” the AquaBounty chief executive officer declared.