NZ-Phil joint venture Big Glory Bay Salmon and Seafood Co. on expansion mode
From a report at Australian Food News, GenSan News Online Mag learned that local tuna processor and canning firm Alliance Tuna International Inc. will expand its joint venture project with New Zealand seafood firm Prime Foods under a new name “Big Glory Bay Salmon and Seafood Co.”
Alliance operates two canneries in General Santos City supplying pre packaged tuna products to over 50 different countries around the world, generating a turnover of US$51.6 million dollars in 2008 rising to over US$70 million this year.
The new joint venture company will this year build a new seafood smoke house operation close to Alliance’s present factory. This will allow access to their existing management, engineering and maintenance facilities and source staff from existing resources.
Both factories will in the future expand their product ranges to include other smoked fish products, marinated salmon products, and ready to eat ranges such as gravalax, soups, pates and sauces.
The news report also said that Alliance Tuna is considering a name change to Alliance Select Foods International, to reflect its expanded range.