Great Pacific Seafoods, a Seattle company with three processing plants in Alaska, has ceased operations and will liquidate under Chapter 7 of the bankruptcy code.
In a statement Sunday, company President Daniel DeMatteis said, “This was a very difficult decision, but we believe we have no other choice given the financial performance we experienced last year.”
Alaska Dispatch News said the company had “hundreds of workers in Alaska” at its plants in Kenai, Whittier and Anchorage, processing salmon from the Copper River, Prince William Sound and Cook Inlet, as well as cod from the Gulf of Alaska.
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