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Dam breaching: Idaho congressman unveils plan to remove four dams on lower Snake


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In February 1992, the drawdown test on the Snake River upstream of Lower Granite Dam also lowered the end of the Clearwater River. The new shallow water depth exposed the remains of massive Holbrook Island in the Clearwater between the Memorial Bridge and the railroad bridge after it was scraped out of existence when the slackwater levees were built in the mid-1970s.
Tribune/Barry Kough
From left: James Ilhi and Ashley Vermeer, both of Caldwell, along with Dave Bahem and his wife, Annette, both of Homedale, Idaho, fish for steelhead in the Clearwater River on an excursion through Reel Time Fishing out of Lewiston on Friday, Jan. 29, west of Orofino. ....

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Under new ownership, Peter Pan will focus on value-added products


Under new ownership, Peter Pan will focus on value-added products
January 21st |
 
Peter Pan, the seafood processing company with an array of plants in Southwest Alaska, had been struggling to keep up with competitors.
So, when its owner, Japanese seafood giant Maruha Nichiro, initially announced its sale of Peter Pan to three buyers, it said it expected a loss of almost $28 million.
The deal means the company is now vertically integrated, so all stages of production and marketing usually operated separately are now under one owner. It also places Peter Pan under American ownership.
One of the three buyers is Northwest Fish. Its owner, Rodger May, is the president of New Peter Pan. The Na -nuk Investment Fund, managed by McKinley Capital, a private equity group, is another. The RRG Global Partners Fund is the third buyer. ....

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Alaska's Peter Pan doubles down on value addition with Northwest Fish merger


Alaska s Peter Pan doubles down on value addition with Northwest Fish merger
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Seattle, Washington, U.S.A.-based Northwest Fish and Anchorage, Alaska, U.S.A.-based McKinley Capital Management have beat out Trident Seafoods, Canfisco, and Silver Bay Seafoods to scoop up the assets of Peter Pan Seafood Co. from Japanese conglomerate Maruha Nichiro.
The sale, which was announced by Maruha Nichiro in November 2020, was finalized on 31 December, 2020. Northwest Fish and McKinley collaborated with London, United Kingdom-based RRG Investments on the transaction. Peter Pan Seafood Co. now comprises Peter Pan Seafood’s assets and the value-added sales channels of Northwest Fish Co. The new ownership group is Rodger May of Northwest Fish, the Na’-Nuk Investment Fund (managed by McKinley Capital Management), and the RRG Global Partners Fund (managed by RRG Capital Management). ....

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Primed for growth: Alaska's Peter Pan takes flight with Northwest Fish merger


Peter Pan Seafood Co. s Port Moller, Alaska, processing facility. Peter Pan Seafood photo
A team of investors based in Seattle, Anchorage and London has beat out Trident Seafoods, Canfisco and Silver Bay Seafoods to scoop up the Peter Pan Seafood Co. assets from Japanese seller Maruha Nichiro, finalizing the deal on the last day of 2020.
Rodger May of Northwest Fish in Seattle and Rob Gillam of McKinley Capital Management in Anchorage spoke with National Fisherman about their collaboration with RRG Investments in London and their collective commitment to operating and expanding the company s assets, which include Alaska processing facilities in King Cove, Dillingham, Port Moller, and Valdez, along with support facilities in Naknek and Sand Point, and headquarters in Bellevue, Wash. ....

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