Tag: jointventure

Peter Pan, Silver Bay Working on Possible Processing Partnership
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Peter Pan, Silver Bay Working on Possible Processing Partnership

A top official with Peter Pan Seafood says his company is working with competitor Silver Bay Seafoods on possible joint venture processing opportunities in Valdez, Alaska. “Even though it looks like nothing will happen regarding a JV (joint venture) between Peter Pan and Silver Bay in Prince William Sound, we will continue to try to find synergies that benefit community, fleet, and our customers, while at the same time boosting Peter Pan‘s bottom line,” said Peter Pan Seafood owner Roger May, who’s also president, chief growth officer and founder of Northwest Fish Co., LLC. May’s comments came on the heels of reports from a seafood industry publication that Peter Pan, which came under new ownership two years ago, and Silver Bay, founded in 2007, were stalled in negotiations to enga...