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Port au Choix Shrimp Plant Changes Hands

Economic hardship and a severe reduction in shrimp landings have forced Ocean Choice International (OCI) to consolidate its holdings and sell off a shrimp processing plant in Port au Choix, Newfoundland and Labrador to Barry Group Inc. “The last three years have been very difficult in the shrimp business, and it hasn’t been economically viable,” said Martin Sullivan, CEO and Co-Chair of OCI. “The business has seen such a big decline in raw material volumes over the last number of ...