Rianxo, Spain-based aquaculture company Stolt Sea Farm has broken ground on a new 21,500-square-meter food-processing and research and development center, which will employ more than 100 people.
The facility will package whole sole and value-added sole and turbot products, with an annual capacity of 14,000 tons. It will also house a lab devoted to food research.
Stolt Sea Farm President Jordi Trias said that “this investment marks a key milestone in our journey to transform our business and offer the best possible experience for our customers and consumers.”
"The center is not just a new facility; it is central to our vision for a future built on innovation, quality, and a deep understanding of evolving consumer expectations," he said. "It’s one of the ways we are delivering on our purpose of ensuring future generations continue to enjoy wonderful seafood."
The groundbreaking was attended by Galician President Alfonso Rueda, as well as other government representatives of the Rianxo and Galicia regions.
Stolt Sea Farm is owned by logistics group Stolt-Nielsen, and the decision to open the new center comes after the company enjoyed a strong financial performance in 2024, with Stolt-Nielsen reporting that it had increased revenue and profit, with an operating profit before fair value adjustment of biomass of USD 6.5 million (EUR 5.6 million).
“We continue to see excellent production, steady demand, and strong pricing, with sales of both turbot and sole reaching record highs,” Trias said in the company’s Q4 2024 report. “This is only possible thanks to our people, who are dedicated to delivering the quality, care, and innovation behind our award-winning seafood, and I would like to thank them for their efforts."