Kent Plant Opens

FOR IMMEDIATE RELEASE

May 18, 2015

Media Contact: Ellen Krsnak
(907) 929-5273 x210 direct, (907) 538-9793 cell, media@apicda.com

                         Cannon Fish Company Opens Kent Processing Plant
Facility creates up to 200 new jobs in King County with impact felt in Aleutian Islands.

Kent, Washington – Cannon Fish Company is hosting a media tour and ribbon cutting event on Saturday, May 23, 2015 at 12:00 p.m. at their new seafood processing plant located at 1025 6th Avenue N, Kent, WA, 98032. The new plant has the potential to employ 200 individuals.

“We are pleased to be opening this new energy efficient, state of the art facility in Kent to process premium Alaska seafood that positively impacts commerce in two states and feeds the world. Owning and operating a primary and secondary processing plant of our own has long been a goal of Cannon Fish Company. This facility will provide us the ability to reduce costs and control our own production. It is a game changer for us,” explains Pat Rogan, Cannon Fish Company’s President.

Cannon Fish Company is part of the Aleutian Pribilof Island Community Development Association (APICDA), one of six western Alaska Community Development Quota (CDQ) corporations. The CDQ program allocates a percentage of all Bering Sea and Aleutian Islands quotas for groundfish, halibut and crab. APICDA and its subsidiary companies generate proceeds through the management of the quotas to fulfill its charitable purpose of developing stable local economies in six remote villages in the Aleutian and Pribilof Islands.

The economic struggles of rural Alaska have been well documented. “The majority of the fish processed at the Kent facility is caught by fishing families living in villages in the Aleutian Islands adjacent to the Bering Sea,” reports Larry Cotter, APICDA CEO. “Promoting commerce in rural Alaska and stabilizing economies provides employment opportunities for local residents, tax revenue for local governments, economic growth in the community and region, a higher standard of living, and a reduction in social problems.”

“This facility ties directly to APICDA’s processing plants in Alaska – the Atka Pride Seafoods plant in Atka and the Bering Pacific Seafoods plant in False Pass – and enhances the viability of all three facilities. The new facility also demonstrates that CDQ investments benefit communities and states beyond Alaska,” added Cotter.

APICDA acquired Cannon Fish Company, a value-added seafood processing and marketing company that caters to a nationwide network of retailers, restaurants, specialty grocers and institutions, in August 2013.