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The value of manufacturing shipments during the first eight months of 2001 was $1.48 billion, representing a decline of 1.2% from the same period last year. This decline was mainly due to a drop in the value of seafood production which fell by 8.3%. In the context of ongoing economic uncertainty, annual shipment value is expected to be down relative to 2000. Nevertheless, 2001 is still expected to be the second strongest year on record.
Secondary processing is the production of value-added, customized, and consumer-ready products. This activity generally requires significant capital investment in machinery and equipment, continuous and steady access to raw material, and effective marketing strategies. About 12 local companies are engaged in secondary fish processing with an estimated production value of $60 million. Three of these companies are profiled below.
at its Burin facility, produces value-added products such as rolled and stuffed sole, shrimp entrées, and breaded pollock. These products are marketed primarily to food-service and retail customers across North America. FPI in Burin employs about 160 people.
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Photo courtesy of: Department of Fisheries and Aquaculture
Frozen salmon with a hollandaise sauce wrapped in pastry, produced by New Found Foods Inc. at Portugal Cove
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located at Wareham, Bonavista Bay, specializes in non-traditional, value-added seafood products. Wood-Pick produces smoked salmon for Canadian markets, sea urchin roe for the Japanese market, and exports to several other international markets. Currently, the Company is working on a consumer-ready sea cucumber product. In 1996, Wood-Pick was awarded the Newfoundland and Labrador Export Award. The Company employs about 40 people at peak season.
located at Hant’s Harbour, Trinity Bay, was founded in 1929 to process salt fish. In the 1970s, the Company pioneered the development of secondary processing of high quality appetizers such as crab-au-gratin, breaded fish sticks, and fish cakes. Awarded the first provincial Export Award in 1983, today P. Janes & Sons employs approximately 640 people at three plants, and markets its products internationally.
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Photo courtesy of: Department of Fisheries and Aquaculture
Frozen breaded squid rings, produced by Chianti Food Processors Inc. at St. Anthony
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