Salmon Evolution is expanding its farming operations into North America and aiming to raise its production capacity target to 100,000 tonnes HOG [head on gutted] by 2032.
The company is currently identifying potential sites ahead of a proposed construction start in 2025. The plan is to build a full scale 31,500 tonnes HOG ‘Indre Harøy’ facility, drawing on experience gained in Norway and Korea.
With its origins in Norway, Salmon Evolution has always had global ambitions. “With the addition of North America into our portfolio, we will have an operating platform on all the three major salmon consuming continent,” said Håkon André Berg, chief executive of Salmon Evolution.
“Over the coming 12 months we expect to demonstrate the operational viability of our concept, solidifying Salmon Evolution’s global leadership position within the land-based salmon farming industry.
“Given the long lead times for this industry, we see it as critical for our long-term value creation to build and develop a tangible pipeline of high-quality projects.”
To help the expansion run smoothly, the company has established a dedicated team of both in-house and external workers and is establishing a US corporate structure under its full ownership.
