US land-based salmon project ‘on hold’ due to ‘volatile’ tariffs, inflation

US land-based salmon project ‘on hold’ due to ‘volatile’ tariffs, inflation

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The company’s CEO told IntraFish it “can’t just sit and burn cash and hope everything gets better,” though she did express optimism the project could resume if November’s U.S. midterm elections shift political winds against tariffs.

Great Northern Salmon — represented here by Head of Construction Mick Watts, CEO Marianne Naess and Head of Production Cathal Dinneen — has decided to temporarily pause its plan to construct Maine’s first recirculating aquaculture system (RAS) salmon farm on this former paper mill water treatment site in the rural, inland town of Millinocket.Photo: Kyle Stucker/IntraFish

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