Tassal’s recent expansion into a new salmon farming site at Macquarie Harbor, Australia, is driven by an expected growth in Australian domestic consumption, Tassal’s CEO Mark Ryan told IntraFish.
Despite a rise in global production capacity and falling farmed salmon prices, Tassal's expansion is part of its “focused, long-term growth strategy to grow shareholder value in a sustainable way," Ryan said.
“Our plans to expand on the west coast of Tasmania are an important part of this overall growth strategy,” he said.
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