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Struggling Southwest Alaska seafood processor hopes to come back stronger under new ownership - Alaska Public Media
Sign inWelcome! Log into your accountPassword recoveryRecover your passwordA password will be e-mailed to you.Peter Pan, the seafood processing company with an array of plants in Southwest Alaska, had been struggling to keep up with competitors.So when its owner, Japanese seafood giant Maruha Nichiro, initially announced its sale of Peter Pan to three buyers, it expected a loss of almost $28 million.The deal means the company is now vertically integrated, so all stages of production and marketing — usually operated separately — are now under one owner. It also places Peter Pan under...…Sign inWelcome! Log into your accountPassword recoveryRecover your passwordA password will be e-mailed to you.Peter Pan, the seafood processing company with an array of plants in Southwest Alaska, had been struggling to keep up with competitors.So when its owner, Japanese seafood giant Maruha Nichiro, initially announced its sale of Peter Pan to three buyers, it expected a loss of almost $28 million.The deal means the company is now vertically integrated, so all stages of production and marketing — usually operated separately — are now under one owner. It also places Peter Pan under...WW…
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