AHI's Current FacilitiesAcadia Harvest Inc.® is working in close partnership with the University of Maine and we perform most of our R&D work at their Center for Cooperative Aquaculture Research (CCAR) at their world class aquaculture innovation and incubation facility in Franklin, ME. CCAR offers one of the most well equipped facilities available to aquaculture businesses anywhere. CCAR also has experienced staff members with knowledge of rearing technologies, holding systems, grow out techniques and facilities design. The CCAR staff and the AHI team partner during the hatchery and grow out stages given the needs for nearly round the clock support. Given the strength of the CCAR operation, their maintenance of a California yellowtail brood stock, and the fact that our new production facility is only 20 minutes from Franklin, we feel very comfortable with our production pipeline.
2016 & Beyond
Acadia Harvest Inc.® is designing and permitting a state-of-the-art ›40,000 square foot facility production plant in Corea, ME (part of the Town of Gouldsboro), only 20 minutes from CCAR. AHI is exercising its purchase option on a 6.8 acre plot on a previously developed ocean front site now zoned for aquaculture use. We expect to formalize the purchase of this land in 2016. Engineering work is progressing, along with the preparation of the necessary permit filings. Subject to obtaining appropriate financing, we plan to break ground for construction in the first quarter of 2017, and to begin operations in late 2017.
The site was previously improved with several structures and extensive paved area, which reduces the net environmental impact of our re-development plans. The project involves building a seawater intake and discharge system, along with a seawater management system. Our design concept is focused on achieving a high level of energy efficiency in the building and operating systems. We are also exploring the use of alternative forms of power generation where those may make economic sense. The facility will include backup power capability and oxygen supplementation equipment.
Juvenile fish will primarily be sourced from CCAR, although we may also acquire fish from other sources for the purposes of risk management and genetic diversity. We plan to use the existing seafood distribution network operating in Maine and along the East coast of the US. Hancock County, where the plant will be located, will benefit substantially from the capital investment and job creation associated with this exciting project, and we look forward to becoming a contributing member of the local community.