peterpan – Fishermens News

10Apr

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Silver Bay, Peter Pan Reach Agreement on Valdez Facilities

Silver Bay Seafoods has acquired Peter Pan Seafoods’ Valdez, Alaska, processing facilities and also plans to operate Peter Pan’s facilities in Port Moller and Dillingham for the 2024 salmon season, the two processors said in an April 4 joint announcement. Shifting operations of these facilities to Silver Bay Seafoods is a component of a larger restructuring effort, which is still being finalized, the two seafood giants said. The larger restricting plan would have Silver Bay acquiring Peter Pan’s’ processing facilities and support sites after the 2024 salmon season. Peter Pan would remain active in conducting the remaining activities needed to close out 2023 operations, including sales and accounting functions. The two companies said that they’re committed to a seamless tra...

13Mar

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OBI, Peter Pan Seafoods Score Winning Bids for USDA Salmon Solicitation

The U.S. Department of Agriculture has designated OBI Seafoods and Peter Pan Seafood Co. as the awardees of contracts for thousands of cans of wild Alaska pink salmon to be delivered to needy recipients nationwide. A March 6 USDA announcement said that the contracts include 713 truckloads of 14.75 -ounce canned pink salmon valued at $53,882,923 from OBI Seafoods and 242 truckloads of 14.75-ounce canned pink salmon valued at $17,240,660 from Peter Pan Seafood. The food is set to be delivered from May 16, 2024 through Feb. 28, 2025. The purchases were made under Section 32 of the Agricultural Adjustment Act of 1935, which authorizes USDA to support prices of commodities in surplus by purchasing them in the marketplace, and also authorizes USDA to distribute commodities domes...

24Jan

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Peter Pan Seafood CEO Bixler Steps Down

On Jan. 22 Peter Pan Seafood announced that after less than two months on the job, seafood industry veteran Kevin Bixler is leaving the company, but plans to remain CEO until a replacement is found. The company expressed its appreciation for his time and leadership and wished him well in his future endeavors, which were not identified in the announcement. Rodger May, the president and chief growth officer of Peter Pan meanwhile is expected to continue leading the company along with several other managers, the announcement stated. Bixler began his tenure with Peter Pan in November 2022, leaving his post as the global director of group fish procurement at Thailand-based producer of seafood products producer Thai Union. At the time of his appointment at Peter Pan, May said tha...

17Jan

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Peter Pan Seafood Cancels Groundfish ‘A’ Season Processing at King Cove

Peter Pan Seafood has cancelled operations at its King Cove, Alaska facility for the 2024 ‘A’ season, given the tumultuous economic of the global seafood industry, but the company has said that it remains committed to the communities where it does business, and will be open for processing in the ‘B’ season. The vertically integrated seafood firm announced its decision Jan. 12, saying it had not come quickly or easily. The company noted that the seafood industry is facing inflation, interest rates hikes, financing challenges and high fuel costs. “This temporary step, while difficult, is necessary to maintain our long-term commitment to the future of our business in Alaska,” the Bellevue, Wash.-based company said in a statement. “We remain committed to continuing to provide the bes...

17May

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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...