SalMar, Leory to invest in Scottish salmon
The owners of Scottish Sea Farms, Norwegian producers SalMar and Leroy, have committed to invest GBP 37 million (USD 43.4 million, EUR) in Scotland’s salmon industry.
GBP 12 million will go to freshwater operations and GBP 25 million in new aquaculture sites over the next two years.
The investments are expected to bring much needed jobs to rural areas in Dumfries, Highlands and Orkney.
“The owners and board of Scottish Sea Farms are committed to growing our production in a sustainable way to satisfy the demands for Scottish Salmon in markets around the world and to support the communities where we operate,” said Leif Inge Nordhammer, Scottish Sea Farms chairman.
“The announcement of this investment in infrastructure and expansion over the next two years is great news for the future of the aquaculture industry in Scotland and for our economy. Exports of Scottish salmon continue to grow and demand for product at home and abroad currently outstrips supply which is a unique position to be in,” said Paul Wheelhouse, Scotland’s environment minister. “We remain committed to sustainable growth with due regard to the environment and will continue to work with SSPO, Scottish Sea Farms and other producers to ensure the continued success of the industry.”