West Coast Salmon Files Bankruptcy After Nearly NOK 100M Loss on Nevada RAS Project
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West Coast Salmon, a Norwegian company with plans to build a massive land-based salmon operation in Nevada, filed for bankruptcy.
The company reportedly lost close to NOK 100 million ($9.8 million) before the project could gain significant momentum, according to Norwegian publication Dagens Næringsliv. The planned facility never progressed beyond the design stage; the effort stalled after substantial losses.
The company initially planned 50,000 tons of HOG production at its Reno, Nevada, facility, but later reduced...
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