First Capital Provides $6 Million Asset-Based Credit Facility To H2Origins Seafood

September 4, 2014 First Capital

First Capital, a national commercial finance company, announced it has provided a $6 million Asset-Based credit facility to H2Origins Seafood, a sustainably-raised seafood distributor. The senior credit facility consists of a $6MM working capital revolver secured by accounts receivable and inventory.

Southern Gulf Of St. Lawrence Fall Herring Gillnet Fishery Enters Into Assessment Against The MSC Standard

The Gulf Nova Scotia Herring Federation, comprised of incorporated inshore fish harvester organizations based in Gulf Nova Scotia, southwestern Cape Breton and eastern Prince Edward Island, has entered a portion of the southern Gulf of St. Lawrence fall herring gillnet fishery (Clupea harengus), into assessment against the global, science-based Marine Stewardship Council (MSC) standard for sustainable and well-managed fisheries.

CA Legislature Approves Bill Focused On Seafood Mislabeling – SB1138

On Friday, the Calif. State Senate gave final legislative approval to Senate Bill 1138. The bill, by Senator Alex Padilla (D-Pacoima), addresses the growing problem of seafood mislabeling. The bill now goes to Governor Brown for his consideration.

Humboldt County Supervisors To Support Redwood Meat Company

September 4, 2014 Will Houston, Times-Standard

At its Tuesday meeting, the Humboldt County Board of Supervisors is set to approve a letter of support for the county's only federally certified meat processing facility, which is recovering from two recent suspensions.

Perdue Foods Reaches Milestone In Reducing Antibiotic Use, Sets Standard For Responsible Use

September 4, 2014 Perdue Foods

Perdue Foods announces that it has removed all antibiotics from its chicken hatcheries, another step in setting a standard that defines the responsible use of antibiotics in poultry production. Perdue does not use antibiotics for growth promotion in its chicken production, and has not since 2007. The company does use an animal-only antibiotic to control an intestinal parasite, and will use antibiotics to treat and control illness in sick flocks.