September 3, 2020 — The Chesapeake Bay is known to many for the seafood it produces: blue crabs, oysters and striped bass.
In a few years, though, the Bay region could become a major producer of an even more popular seafood that doesn’t come from the Chesapeake. A Norwegian company, AquaCon, has unveiled plans to raise salmon on Maryland’s Eastern Shore.
AquaCon executives intend to build a $300 million indoor salmon farm on the outskirts of Federalsburg in Caroline County. By 2024, they aim to harvest 3 million fish a year weighing 14,000 metric tons — an amount on par with Maryland’s annual commercial crab catch.
If that goes as planned, the company expects to build two more land-based salmon farms on the Shore over the next six or seven years, bringing production up to 42,000 tons annually. That’s more than the Baywide landings of any fish or shellfish, except for menhaden, and more valuable commercially.
AquaCon’s announcement comes amid a rush by mostly European aquaculture companies to supply Americans with farmed salmon. Another Norwegian company is preparing for its first full harvest later this year from a facility south of Miami, and plans have been announced to build big indoor salmon farms in Maine and on the West Coast. Two small U.S.-based salmon operations in the Midwest also are moving to expand production.