ST. LUNAIRE-GRIQUET, NL — The plant in St. Lunaire-Griquet has processed its last run of mussels for the summer and, if no one purchases it soon, it might be closing forever.
Since late May, St. Anthony Basin Resources Inc. (SABRI) has been trying to sell the mussel farming operation they have operated for over 15 years. A cut to their shrimp allocation earlier this year has hurt SABRI’s revenues, rendering continued operation of the farm financially unfeasible for the organization.
While interest has been expressed, no deal has been finalized and little time is left to complete the transaction that will allow the only mussel farming operation on the Northern Peninsula to continue.
To read the rest of the story, please go to: Northern Pen
