Port of Tacoma Approves Ground Lease for $250M Cold Storage Facility Expected to Create 400 Jobs

Contact

Expana
P.O. Box 389
Toms River, NJ 08754
1-732-240-5330

Editorial

Jamie Chadwick
Managing Editor
1001 Corporate Circle
Toms River, NJ 08755
Voice: 732-575-1983
jamie.chadwick
@expanamarkets.com

Ryan Doyle
Editor
SeafoodNews.com
1001 Corporate Circle
Toms River, NJ 08755
ryan.doyle
@expanamarkets.com

Susan Chambers
Associate Editor
SeafoodNews.com
Voice: 541-297-2875
susan.chambers
@expanamarkets.com

Peggy Parker
Science and Sustainability Editor
PO Box 872
Deming, WA 98244
Voice: 360-592-3116
peggy.parker
@expanamarkets.com

John Sackton
Contributor
8 White Pine Lane
Lexington, MA 02421
Voice: 617-308-0776
[email protected]

Support and Questions
1-800-443-5330
[email protected]

Subscription Info
1-800-932-0617
[email protected]

Terms

License Agreement

The Port of Tacoma Commission on June 16 approved a 50-year ground lease with Saxum Investment Company, LLC for a cold storage and food processing facility on a 30-acre site on the Blair-Hylebos Peninsula.

Saxum anticipates investing up to $250 million in the project, which is expected to generate up to 400 jobs and $43 million in annual wages upon completion. The facility will feature high-efficiency cold storage and purpose-built food processing space, with direct access...

To Read Full Story Login Below.

Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.

Submit comment or question

This comment will be posted using your screen name:

Submit Notification

Comment Policy: SeafoodNews.com and Urner Barry have made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive Comments, or comments deemed not relevant to the story will be removed, and if necessary, SeafoodNews.com and Urner Barry may restrict the right of individual subscribers to offer comments. IN all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by SeafoodNews.com and Urner Barry.

ANALYSIS: US April Shrimp Imports Down 16% as India Volumes Retreat Sharply

April's official US shrimp imports totaled 129.0 million lbs on an adjusted basis, landing within the product-type Expana model range of 124.8–144.4M lbs.

The headline figure held, but the composition across product types offers additional context. Peeled came in at 68.7M lbs, fractionally above the upper model estimate of 68.0M lbs. Shell-on landed at 34.0M lbs, at the lower bound of the projected range. Breaded at 11.4M lbs fell within range. Cooked was the notable deviation at 12.8M lbs, below the lower model estimate...

Full Story »

Wild Alaskan Company to Directly Operate Kasilof Buying Station for 2026 Salmon Season

Wild Alaskan Company will directly operate the Kasilof buying station for the upcoming salmon season, reversing its original plan to bring in an outside operator after acquiring the facility in February.

The company said it has committed the capital, personnel, and operational resources needed to prepare the facility for the 2026 season. The Kasilof station serves Alaska's second-largest sockeye salmon fishery and plays a key role in access, logistics, and value creation across the region.

"While it wasn't our original plan, we chose...

Full Story »

NOAA Directs $123.6M in Fishery Disaster Funds to Alaska, West Coast, and Squaxin Island Tribe

The US Department of Commerce announced Tuesday the allocation of $123.6 million in fishery resource disaster funding, drawn from money appropriated by Congress in the American Relief Act of 2025. The funds are directed at fishery disasters that struck Oregon, California, Alaska, and the Squaxin Island Tribe in Washington between 2019 and 2023.

NOAA Fisheries used commercial revenue loss data to determine how funding will be distributed across the eligible disasters. Funds can be deployed for a range of recovery activities, including fishery infrastructure...

Full Story »

Wicker, Hyde-Smith, Britt Urge USDA Action on Catfish Virus Threats

US Senators Roger Wicker, Cindy Hyde-Smith (R-Miss.) and Katie Britt (R-Ala.) are calling on the US Department of Agriculture (USDA) to act before two highly contagious viruses can reach farm-raised catfish operations in Mississippi and other states.

In a letter to Agriculture Secretary Brooke Rollins, the senators urged prompt action to assess and mitigate the impacts of Yellow Catfish Virus (YcCV) and Channel Catfish Virus (CCV), warning that an unchecked outbreak could severely damage the domestic industry...

Full Story »

CDC Report: Tuna and Reef Fish Behind Most US Seafood Toxin Outbreaks Over 13-Year Span

A new report from the Centers for Disease Control and Prevention found that marine toxins were responsible for 402 foodborne disease outbreaks in the United States between 2011 and 2023, resulting in 1,280 illnesses, 96 hospitalizations, and one death, with tuna and tropical reef fish at the center of most cases.

Published in CDC's Morbidity and Mortality Weekly Report, the analysis represents the first national summary of all foodborne outbreaks caused by marine toxins across that period. Scombroid toxin poisoning and ciguatoxin together accounted...

Full Story »

Expana's Weekly Top 10

This week’s Top 10 highlights the key risks, policy developments and market shifts shaping the agri-food landscape, from biosecurity threats and farm labor reform to fertilizer costs, cocoa competition and resilient consumer demand. From the spread of New World screwworm in the US and proposed changes to the H-2A program, to private label growth, Father’s Day meat promotions and climate risks facing West Coast fisheries, these are the stories driving markets this week. This list is in no particular order.

Find archived recaps here.

10. Private labels continue...

Full Story »

Russian Crab Exports Hit Record High in First Five Months of 2026

Russian crab exports reached record levels in the first five months of 2026, driven by stable demand and a generally favorable market environment.

According to the Russian Federal Center for Agroexports — the agency responsible for monitoring agricultural exports from Russia — shipments from January through May totaled nearly 34,000 tons (live, fresh, chilled, and frozen), up 11% compared to the same period in 2025. Export revenue climbed 26% to $930 million. Both figures set records for the January–May period...

Full Story »

Norcod Secures Exclusive Five-Year Juvenile Supply Deal with Havland

Norwegian cod farmer Norcod has signed a five-year agreement with juvenile supplier Havland, under which Havland will supply all of its cod juveniles exclusively to Norcod.

The deal deepens a relationship that stretches back to 2018, when the two companies began working together to rebuild cod farming in Norway. In 2021, they entered a joint venture to establish a cod hatchery in Florø, supporting the next phase of growth for the sector.

"Havland has for many years been, and continues to be, an important partner for Norcod...

Full Story »

Brands Compete on Value, Experience and Summer Promotions in Foodservice

Rising prices, shifting consumer expectations and seasonal marketing pushes are shaping the latest moves across foodservice. From affordability and customer satisfaction trends to global expansion, soccer-themed promotions and summer menu innovation, restaurant brands are refining how they attract traffic, build loyalty and compete for consumer spending.

With fast-food costs climbing and value under greater scrutiny, new studies highlight how affordability and customer satisfaction are shaping consumer choices.

A new WalletHub study finds fast food is becoming less affordable, with sharp state-by-state differences...

Full Story »

Aysén Agencies, Salmon Farmers Test HAB Mass Mortality Response in Joint Simulation

Chile’s Aysén region is stepping up contingency planning for large-scale aquaculture emergencies, with the National Fisheries and Aquaculture Service (Sernapesca) participating in a simulation tied to a salmon mass mortality event caused by a Harmful Algal Bloom (HAB).

The exercise, organized by the Inter-Institutional Committee on Environmental Contingencies (CIICA), brought together public agencies and local salmon farming companies to test how the sector would respond to a complex event involving logistical constraints, high mortality management and communication...

Full Story »

Seafish Unveils 2026-27 Annual Plan Focused on Workforce, Trade and Supply Chain Resilience

Seafish, the UK public body supporting the seafood industry, has released its 2026-27 Annual Plan, outlining three strategic priorities: a safe and skilled workforce, a smoother and expanding seafood trade, and a resilient supply chain.

CEO Colin Faulkner, who joined the organization in January 2026, described the plan as arriving during a period of "significant change" for UK seafood sectors and acknowledged that Seafish needs to "rebuild and strengthen trust" with its stakeholders — an unusually candid admission for a public body...

Full Story »

Boudreaux's Brand Owner Sues Former Licensee Over Trademark Counterfeiting and UPC Code Theft

Gulf Marine Products Co., Inc. (GMP), the Westwego, Louisiana-based owner of the Boudreaux's seafood brand and crawfish importer, has filed a federal lawsuit against a former business partner, alleging trademark counterfeiting and the deliberate misappropriation of its retail product codes after a two-decade licensing relationship collapsed.

The complaint, filed June 12 in the US District Court for the Eastern District of Louisiana, names A La Carte Specialty Foods, L.L.C. (ALC) and its sole member Karl D. Turner as defendants. GMP is seeking...

Full Story »

Trump Arctic Official Pitches Greenland Annexation as Lifeline for Red Lobster

A senior Trump administration official pushing for US control of Greenland has added an unlikely argument to his case: restocking Red Lobster.

Thomas Dans, the White House's Arctic affairs point man, argued this week that annexing Greenland would allow the US to directly tap the island's rich fisheries — cutting out foreign middlemen and keeping product away from China. "My view is that the United States could take all the seafood Greenland could produce, and cut out the middleman, and keep it from China," Dans told The New Yorker.

Full Story »

The Retail Rundown: Father’s Day Grilling Highlights Resilient Spending and Selective Buying

For Father’s Day weekend 2026, retailers are leaning heavily into the holiday’s long-standing grilling tradition. This year’s promotions are taking place against a backdrop of persistent inflation and a consumer who remains willing to spend on special occasions despite pressure on household budgets.

According to the National Retail Federation (NRF), Father’s Day spending is projected to reach a record $27.9 billion. Consumers plan to spend an average of $226.58 per person, even as many households contend with higher costs for utilities and other everyday expenses...

Full Story »

King Oscar Expands Premium Tinned Seafood Portfolio with New Smoked Mussels

Social media has helped transform tinned fish from a pantry staple into a lifestyle food category, with consumers embracing premium seafood products through recipes, "girl dinner" trends, and wellness-focused meal ideas like the "Tiffany plate". The growing interest has prompted seafood brands to expand their offerings with new flavors and formats.

In recent years, brands across the category have introduced products aimed at attracting new consumers. Last year, King Oscar launched its Sweet Thai Chili Mackerel, while Fishwife expanded its portfolio with Mussels in Sweet...

Full Story »

Scottish Salmon Farmers to Fund Wild Fish Conservation Following Escape Incidents Under New Deal

Scotland's farmed salmon industry will help finance wild fish conservation efforts in the event of escape incidents, under a new agreement between Salmon Scotland and Fisheries Management Scotland, the country's leading fisheries body.

The Scottish Government has welcomed the deal as an example of cross-sector collaboration in support of wild salmon recovery. An independent firm will administer the scheme, with directors drawn from both the aquaculture and wild fisheries management sectors...

Full Story »

ANALYSIS: Chile Controls 70% of US Fresh Salmon Imports as Norwegian Supply Falls 35%

Chile controls more than 70% of US fresh salmon fillet imports, Norwegian supply is down more than a third year-over-year, and a 12.5% tariff deadline is six weeks out. Despite all of that, the fresh benchmark is drifting lower and buyers are hesitant to commit. The frozen market, running below a three-year average in volume, is the steadier of the two. Understanding why requires looking past the price series and into how Chilean producers get paid...

Full Story »

Start Date:
End Date:
	Search Title?
	Search Article?
	Search Tags?