SalMar-backed processor to shutter facility citing salmon tax as reason, with 110 jobs at risk

SalMar-owned SalmoSea said it was unable to invest the $24 million required to modernize its processing facility given the ongoing uncertainty created by Norway's salmon tax.

SalmoNor owns 74.3 percent of SalmoSea, while salmon farmer Bjoroya owns 25.7 percent.
SalmoNor owns 74.3 percent of SalmoSea, while salmon farmer Bjoroya owns 25.7 percent.Photo: David Engmo
Published 14 March 2023, 09:36Updated 15 March 2023, 13:40