OBI Seafoods, the salmon and groundfish joint venture owned by Canadian seafood giant Cooke and community development quota (CDQ) group Bristol Bay Economic Development Corporation (BBEDC), announced it will suspend its cannery operations at its Excursion Inlet plant in southeast Alaska this summer.

The company said it will instead centralize production at its Petersburg, Alaska, plant, which has "ample capacity to process every pound of salmon that crosses our docks for the upcoming season, so there's no concern about fishermen having to go on limits," according to the company.