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 ...
Icewater Seafoods Calls for Balance in Newfoundland Cod Allocations, Management
In a statement to the House of Commons Standing Committee on Fisheries and Oceans, which recently held a hearing in St. John’s, Icewater Seafoods called for a more balanced approach to the exploitation of Northern cod stocks.
Icewater is the second largest holder of enterprise (greater than 100-foot vessel) allocations for Northern cod and is the company that received the cod allocations formerly belonging to Fishery Products International.
When that company was split up and sold to ...