Prime Foods expands NZ-Phillipines operations
New Zealand’s Prime Foods has announced plans to expand its joint venture with Phillipines-based Alliance Tuna International, including plans for a new seafood smoke-house in General Santos City under a new joint venture company, Big Glory Bay Salmon and Seafood Co.
Prime Foods, who are supplied by Stewart Island salmon farmer Sanford, will expand their processing volume from 300 tons to over 1200 tons of salmon a year. Other species of salmon will also be sourced from Norway, Chile, Scotland and North America.
Both of the Phillipines factories will expand their product ranges to include other smoked fish products, marinated salmon products, and ready-to-eat ranges such as gravalax, soups, pates and sauces.
Food news group just-food also reports that Alliance Tuna is considering a name change, to Alliance Select Foods International, to reflect its expanded range.
Alliance operates two canneries supplying pre-packaged tuna products to over 50 different countries around the world, generating a turnover of US$51.6 million dollars in 2008, rising to over US$70 million this year.