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10 Sep 2025 4:00
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  •   Home > News > National > Upper South Island

    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational

    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational


    The King Salmon Investments Limited board spent over eight-million-dollars on the site at Blenheim's Cloudy Bay Business Park to replace its Nelson-based factory.

    When fully operational, the farm will have capacity to produce 10-thousand metric tonnes of King salmon.

    Any potential changes are at least three years away.

    © 2025 Newstalk ZB, NZCity

     Other Upper South Island News
     05 Sep: Frustration in Nelson, as the South Island's biggest sawmill closes down
     05 Sep: Residents have been allowed to return home in Nelson, after being evacuated due to the discovery of a suspicious item
     04 Sep: Police have closed down a section of road in Nelson, after a suspicious item was found this afternoon
     04 Sep: More staff on the way for Nelson Hospital, but it will be months before they start
     27 Aug: Emergency services are unsure how a person became trapped in an old mine shaft on the West Coast this morning
     27 Aug: Former Maori All Black Shane Christie has died in Nelson, aged 39
     24 Aug: An Air New Zealand flight between Auckland and Blenheim had to be diverted to New Plymouth, today because of an electrical issue on board
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    The All Blacks halfback picture is no clearer as they prepare to name their side on Thursday for the Springboks Rugby Championship rematch in Wellington More...


    BUSINESS BUSINESS
    A new open ocean aquaculture farm's anticipated to bring in annual revenue of 350 million dollars when fully operational More...



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