BC Aquafarms to supply steelhead salmon fingerlings to Canadian aquaculture company
The companies signed a two-year agreement to supply steelhead salmon fingerlings for a value of up approximately $1 million.
Canadian RAS company, Taste of BC Aquafarms (TBC) entered into a two-year agreement to supply steelhead salmon fingerlings to another company that produces steelhead salmon in British Columbia, Canada for a value of up to approximately $1 million.
“We appreciate the vote of confidence from this local steelhead producer whom we have known for many years. It is an acknowledgement that we have mastered the early rearing cycle that is so critical in the overall growth performance of these fish. We are seeing consistent results that others in our space have not in terms of the end-quality of our steel-head salmon product,” said Steve Atkinson, founder of TBC. “While in some sense we could view these folks as competitors, the reality here is that there is more than enough demand for our fresh, sustainability produced steelhead salmon than any single participant can supply. We want to continue to build the RAS and aquaculture industry up here in British Columbia and lend a hand to our friends where we can.”
“This agreement is strategic as our company prepares to scale up with our new 1,500 MT facility. This opportunity allows us to enter into a segment that gives us higher margins and a shorter production cycle,” explained Atkinson.