News | Upper South Island
23 Jan 2026 7:39
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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.

    © 2026 Newstalk ZB, NZCity

     Other Upper South Island News
     17 Jan: Nelson Asofa-Solomona is calling out all-comers from the NRL following a statement win in his professional boxing debut
     17 Jan: Nelson Asofa-Solomona has made an explosive professional boxing debut against ex-rugby league journeyman Jeremy Latimore
     16 Jan: Former Kiwis and Melbourne Storm prop Nelson Asofa-Solomona is donning the gloves for the first of his nine contracted boxing matches tonight, against fellow former league player Jeremy Latimore
     15 Jan: A 7-year-old has crashed a van on the West Coast after taking the vehicle for a spin
     10 Jan: MetService has issued a severe weather warning for the South Island West Coast
     08 Jan: One person's seriously injured after a glue drum exploded at an industrial site near Motueka
     06 Jan: Police are seeking an Auckland man in relation to assault and theft offences
     Top Stories

    RUGBY RUGBY
    The All Blacks will venture into new territory this year, playing the fourth test against the Springboks in the American city of Baltimore on September 12 More...

    BUSINESS BUSINESS
    The Reserve Bank isn't expected to change its course - despite inflation remaining higher for longer More...


     Today's News

    		 Accident and Emergency:
    Several people including children are still missing after the landslide at Mount Maunganui - where search teams have been working through the night 7:27

     Rugby:
    The All Blacks will venture into new territory this year, playing the fourth test against the Springboks in the American city of Baltimore on September 12 7:17

     Entertainment:
    Colleen Hoover is cancer-free 7:10

     Business:
    The Reserve Bank isn't expected to change its course - despite inflation remaining higher for longer 7:07

     Entertainment:
    Oscars 2026: Sinners break record with nominations, Jacob Elordi and Rose Byrne receive nods 7:07

     Entertainment:
    Nicole Kidman reportedly feels "refreshed and optimistic" as her divorce from Keith Urban is behind her 6:40

     Law and Order:
    Eighteen people have been arrested after a targeted operation focused on burglary, firearms offending and drug activity in the Feilding area 6:27

     Entertainment:
    Brooklyn Peltz Beckham has criticised his parents David Beckham and Victoria Beckham in a bombshell statement 6:10

     Politics:
    Prime Minister Chris Luxon says the weather events of the past 48 hours have been a profound tragedy 21:57

     Entertainment:
    Valentino has died at the age of 93 21:40

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