Norwegian producer Salmon Evolution said it is moving forward with its plan to expand into North America and has began the process of establishing a land-based salmon farming operation there.
In a statement released on Friday, the company suggested North America is the next frontier now that its approach to land-based salmon farming has proven successful.
Salmon Evolution is different from other operators growing market-size salmon in land-based facilities because it uses a hybrid flow-through system instead of recirculating aquaculture systems.
Early this month, the company astounded the industry after taking just 7 months to grow 300-gram salmon to harvest weight.
“Salmon Evolution is all about creating optimal living conditions for the salmon, which in turn sets the basis for excellent biological performance and long-term profitability,” Trond Håkon Schaug-Pettersen, Interim CEO and CFO of Salmon Evolution, said at that time.
The company did not mention any specific area in North America where it’s scouting a potential location.
