October 18, 2013 — Fish processing will return to far-flung Adak, according to city manager Layton Lockett.
Lockett said that the city is selling the processing equipment, purchased at the June 18 auction of the assets formerly owned by bankrupt Adak Seafood LLC. The equipment will be owned by a newly-formed company, Adak Cod Cooperative LLC. The new owners are former Bristol Bay salmon processors.
Earlier this year, Icicle Seafoods announced the permanent closure of the plant that employed around 100 workers and was a major source of local revenues. Icicle operated in a huge military surplus waterfront building called the Blue Shed, owned by the regional Native corporation, The Aleut Corp., with equipment leased from a Rhode Island bank that had taken possession from a bankrupt former owner.
Read the full story at the Alaska Dispatch