Icewater Receives ACOA Funding for Cod Processing Upgrades

Icewater Seafoods Inc. will be using funding from the Atlantic Canada Opportunities Agency (ACOA) to upgrade cod processing technology to improve competitiveness and maintain work for approximately 200 full and part-time employees in rural Newfoundland and Labrador. Arnold’s Cove-based Icewater will receive a provisionally repayable investment of $2.625 million from ACOA’s Business Development Program (BDP). Icewater worked with German-based Baadar Group to use its European system as ...