Rising costs halt US land-based farm build
2023-06-05T08:33:00
AquaBounty pauses Ohio farm construction while it evaluates scope alternatives and a possible phased approach
US land-based salmon farming company AquaBounty Technologies Inc has paused construction of its new farm in Pioneer, Ohio due to a substantial increase in its estimated cost of completion.
In a statement, AquaBounty said it will now take the required time to evaluate the timing and cost of size and scope alternatives, including a phased approach to complete the project.