Unit of Alliance Tuna, Prime Foods NZ to process, ship salmon from RP

Dumlao, Doris C.

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Date

March 20, 2010

Author

Dumlao, Doris C.

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Classification code

PD20100320_B2

Excerpt

After taking over a majority stake in New Zealand's second largest smoked salmon processor Prime Foods NZ Ltd., canned fish exporter Alliance Tuna International Inc. has set up a new venture to likewise process and export smoked salmon from the Philippines. In a disclosure to the Philippine Stock Exchange yesterday, Alliance Tuna said it had entered into a joint venture with Prime Foods to establish a new subsidiary to serve as importer and processor of smoked salmon. The new subsidiary, named Big Glory Bay Salmon and Seafood Co. Inc. (BGB), will have its salmon processing facilities in General Santos City, near Alliance's tuna operations.

Citation

Dumlao, D. C. (2010, March 20). Unit of Alliance Tuna, Prime Foods NZ to process, ship salmon from RP. Philippine Daily Inquirer, p. B2.