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Pacific Seafood Completes Acquisition of Trident’s Kodiak Operations

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Pacific Seafood Completes Acquisition of Trident’s Kodiak Operations
News

News

Pacific Seafood Completes Acquisition of Trident’s Kodiak Operations

2024-12-19 04:35 Last Updated At:04:40

KODIAK, Alaska--(BUSINESS WIRE)--Dec 18, 2024--

Pacific Seafood and Trident Seafoods today jointly announced the completion of Pacific’s acquisition of Trident’s Kodiak, Alaska, processing operations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241218834843/en/

The acquisition includes three well-established processing plants—Star of Kodiak, Alkod, and Kodiak Near Island—as well as the Plaza bunkhouse apartments for team member housing. Trident’s Kodiak team members will be retained by Pacific Seafood, ensuring continuity and stability for the team and the local community.

“Kodiak is home to some of the most abundant and sustainable fisheries in the world, and we are honored to partner with our new, very talented team members, the fleet and the community to unlock new opportunities for this region,” said Ashton Meier, Pacific Seafood’s Vice President of Processing, who will lead the combined operations. “With Pacific Seafood’s vertical integration, global market access, and value-added capabilities, we are ready to deliver unmatched value and stability for Kodiak’s hardworking fishermen and our customers worldwide.”

Pacific’s U.S. distribution network has facilities throughout the country, as well as a dedicated transportation team with a fleet of over 200 trucks, and an air freight division. The acquisition of Trident’s Kodiak facilities enhances Pacific’s ability to provide customers with a fully rounded supply of wild whitefish and other Alaska species, offering direct access to these resources.

Meier is working closely with the local team and fleet to ensure a seamless start to the upcoming cod and pollock seasons. Pacific’s expanded capacity will also allow it to better serve and support Pacific’s valued fishing partners operating in the Gulf of Alaska and West Coast fisheries.

Founded in 1941, Pacific Seafood began as an independent local retailer in Portland, Ore. It was the vision of Frank Dulcich Sr. and his son Dominic to bring fresh, high-quality seafood from the Oregon coast to local families. Today, Pacific Seafood remains a family-owned and operated company with over 40 facilities across the U.S. and Canada, employing more than 3,000 team members and distributing products worldwide. Under the leadership of third-generation President and CEO Frank Dulcich, the company continues to drive growth and innovation, while maintaining its commitment to sustainability and serving the communities in which it operates.

About Pacific Seafood: Founded in 1941 by Frank Dulcich, Pacific Seafood remains a family-owned and operated company dedicated to providing the healthiest protein on the planet. Pacific Seafood manages all parts of the supply chain from harvesting/fishing, processing, and distribution to provide customers with fresh, sustainable, and high-quality products. Pacific Seafood Group is headquartered in Clackamas, Ore. Learn more at PacificSeafood.com.

About Trident Seafoods: Trident Seafoods is the largest vertically integrated seafood harvesting and processing company in North America. Trident is a privately held, 100 percent USA-owned company with global operations in 6 countries and serves customers in almost 60 countries. Headquartered in Seattle, Washington (USA), Trident employs approximately 9,000 people worldwide each year and partners with over 5,400 independent fishermen and crewmembers. Species harvested and processed by Trident include virtually every commercial species of salmon, whitefish, and crab harvested in the North Pacific and Alaska. The global supply chain also includes cultured and wild species from a network of trusted sources worldwide.

Follow Trident Seafoods on the web at www.tridentseafoods.com or on social media on LinkedIn, Facebook, X (formerly Twitter), Instagram, Pinterest, or YouTube.

Pacific Seafood has completed the acquisition of Trident Seafood's operations in Kodiak, Alaska. (Photo: Business Wire)

Pacific Seafood has completed the acquisition of Trident Seafood's operations in Kodiak, Alaska. (Photo: Business Wire)

NEW YORK (AP) — Max Fried thought about the dog days when asked how he'll spend his fortune.

No, not those hot, humid summer afternoons but rather time with Apollo, his 3-year-old mutt.

"I think the first thing that kind of popped into my mind was probably just like getting my dog a bunch of dog food," Fried said Wednesday at Yankee Stadium, a day after finalizing a $218 million, eight-year contract that is the richest for a left-handed pitcher.

Not nearly as famous as Decoy Ohtani, Shohei’s Nederlandse kooikerhondje, Apollo figures to get more of a spotlight next season. Fried named the pooch after the Greek god, not thinking at first of the similarity to the name of the antagonist in the first two “Rocky” movies.

“It just happened to line up that his name is Apollo Fried, so it sounds like Apollo Creed,” Fried said, “so I took that and ran with it like I did it in purpose.”

After eight seasons in Atlanta that included a World Series title in 2021 in which he pitched six scoreless innings against Houston in the Game 6 clincher, Fried joins a rotation currently projected to include Gerrit Cole, Carlos Rodón, Luis Gil, Clarke Schmidt and Marcus Stroman.

Fried never expected to wind up in the Bronx.

“I was fairly surprised at the beginning, but when the Yankees say that they're interested in you perk up and you listen,” he said. “You just know the standard that the Yankees hold and putting on the pinstripes there's a certain responsibility and expectation that comes with that, and I'm extremely excited to take that on.”

Fried noticed the messaging when he walked through the clubhouse last week.

“There’s three words that were put on — up on the wall and it's prepare, compete and win," he said. “To me as a competitor and just to me as a core, as a player, it really resonated with me.”

In New York's quest to win the World Series for the first time since 2009, general manager Brian Cashman quickly pivoted to plan B after the Yankees lost outfielder Juan Soto to the rival Mets. New York also acquired closer Devin Williams from Milwaukee and outfielder/first baseman Cody Bellinger from the Chicago Cubs.

Fried was introduced at a Yankee Stadium news conference that began with flower presentations by manager Aaron Boone to the pitcher's mom, Carrie, and Cashman to his girlfriend, Reni Whalley.

“A lot of people have worn these pinstripes and there's a certain feel,” Fried said. “I’m excited about being able to put the pinstripes on in Yankee Stadium for the Yankees. It's one of the most storied, winning franchises in sports and I want to be able to kind of do my part.”

Fried receives a $20 million signing bonus, half payable on Jan. 31 and the rest on Jan. 31, 2026. He gets salaries of $12 million in each of the first two seasons and $29 million in each of the remaining six. He has a full no-trade provision.

Boone cited a connection during an initial Zoom meeting and thought back to an outing when Fried beat the Yankees in Atlanta.

“You kind of see him in there and soft spoken and kind of articulate and reserved, but this is a guy that’s kind of tenacious between the lines,” he said. “I was like, man, this guy’s just kind of cutting us up and doing it in a lot of different ways.”

A two-time All-Star, Fried has been on the injured list 10 times since 2018, including three times for blisters and twice for strained hamstrings.

“Being down in the South, in Atlanta with the humid summers, probably didn’t help as far as just blisters,” he said. “The medical staff down there was fantastic in being able to help me figure out a routine that kinds of works and be able to kind of mitigate all that.”

Fried was 54-25 with a 2.81 ERA with five complete games and four shutouts in 112 starts over the past five seasons. He was among only three pitchers to throw two complete games this year, when there were just 16 in the major leagues.

A three-time Gold Glove winner who turns 31 on Jan. 18, Fried has one of the broadest repertoires in the major leagues, throwing seven different pitches. He averaged 93.9 mph this year with his fastball, which he threw 33.6% of the time. Fried mixed in 21% curveballs, 15.6% sinkers, 13.6% changeups, 5.9% sweepers, 5.6% sliders and 4.7% cutters.

He was 11-10 with a 3.25 ERA over 29 starts this year, striking out 166 and walking a career-high 57 in 174 1/3 innings.

“There’s a level of improvability going forward just with how the arsenal kind of can be crafted and pulled apart, and there’s some room to evolve with us," pitching coach Matt Blake said.

AP MLB: https://apnews.com/mlb

New York Yankees' Max Fried puts on a jersey as manager Aaron Boon, left watches during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried puts on a jersey as manager Aaron Boon, left watches during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried, second from right, poses with general manager Brian Cashman, right, manager Aaron Boone, second from left, and pitching coach Matt Blake, left, during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried, second from right, poses with general manager Brian Cashman, right, manager Aaron Boone, second from left, and pitching coach Matt Blake, left, during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees manager Aaron Boone, left, watches as Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees manager Aaron Boone, left, watches as Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried smiles while posing for photographs following a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried smiles while posing for photographs following a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried puts on a jersey as general manager Brian Cashman, right, and pitching coach Matt Blake, left, watch during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried puts on a jersey as general manager Brian Cashman, right, and pitching coach Matt Blake, left, watch during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried responds to questions during an interview at a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried responds to questions during an interview at a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried smiles while posing for photographs following a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried smiles while posing for photographs following a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried responds to questions during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried responds to questions during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

New York Yankees' Max Fried speaks during a baseball news conference, Wednesday, Dec. 18, 2024, in New York. (AP Photo/Frank Franklin II)

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