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$18.7 million Riverine Fisheries plant will process Asian Carp WIll employ 110 at Fulton County plant. Riverine Fisheries International LLC to Build Fish Processing Operation in Hickman. Company will catch, process, sell invasive Asian carp Click on headline for complete story By Kerri Richardson & Terry Sebastian FRANKFORT, Ky. - Asian carp, beware. Gov. Steve Beshear Tuesday, November 11, 2014, announced that Riverine Fisheries International LLC plans to build a fish processing operation in Fulton County. Riverine Fisheries will catch, clean, process, package and transport various species of Asian carp found in Kentucky's waters. The company plans to create 110 new jobs and invest $18.7 million into the project. "Not only will Riverine Fisheries create new jobs and boost Kentucky exports, but it also will help to control Asian carp," said Gov. Beshear. "I want to thank the company for locating in the Commonwealth, and I look forward to seeing its operation in action and its products being shipped around the world." The company has purchased a 75,000-square-foot industrial building and also is mooring a self-contained processing vessel in the Mississippi River harbor in Hickman. Riverine Fisheries plans to catch Asian carp using equipment and technologies that have proven successful in the challenging Pacific Northwest and Alaska fishing industries. Once the carp are harvested, the company will use the ship to process the fish into commercially viable products, such as surimi (imitation seafood), fishmeal, fish oil, mince and fillets. These products will be shipped to every major market in the world. "Riverine Fisheries is extremely excited to be locating in Hickman," said Joe Gillas, president of Riverine Fisheries. "We are very thankful to Eddie Crittendon and the Fulton County- Hickman County Economic Development Partnership for their help over the last several months and their commitment to finding a solution to any obstacle that arose, while also working with our company to make this project happen. We have been very pleased with the level of support that we have received from federal, state and local officials, and we look forward to being a part of the community." Riverine Fisheries will focus on Asian carp that are invading Kentucky Lake, the Mississippi River, Cumberland River, Cumberland River and Tennessee River. In addition to targeting Asian carp the company will also process other seafood products brought in from other areas of the U.S. "We are excited that Riverine Fisheries will soon open in Kentucky," said Ron Brooks, fisheries director with the Kentucky Department of Fish & Wildlife Resources. "Almost three years ago, Joe reached out to Kentucky for assistance with his plans of harvesting Asian carp. We look forward to Riverine Fisheries helping us with our efforts to save our native fish." Founded in 2013, Riverine Fisheries was created to capitalize on the prolific growth of the invasive Asian carp throughout the U.S. and the potential invasion into the Great Lakes. "It is exciting to get such a win-win for Hickman and the surrounding areas," said Sen. Stan Humphries, of Cadiz. "Riverine Fisheries International is proposing to create jobs and boost the economy while assisting the state by helping rid the waterways of Asian carp, an invasive species that threatens native fish and other species. We welcome Riverine Fisheries' contributions to both the economy and the environment." "I want to thank Joe Gillis and Riverine Fisheries for locating their facilities in Hickman," said Hickman Mayor David Lattus. "We welcome Riverine to Hickman, and I hope we can have a long and rewarding association." "We certainly are pleased that Riverine will locate in Hickman," said Fulton County Judge-Executive David Gallagher. "Not only will it bring jobs to the area but it will help with the Asian carp problem. Our county looks forward to working with Riverine, and we appreciate the efforts put forth by the Fulton County-Hickman County EDP and others that helped locate this project in our county. To encourage the investment and job growth in Hickman, the Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives of up to $3.8 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets. This story was posted on 2014-11-12 15:57:00
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Have comments or corrections for this story? Use our contact form and let us know. More articles from topic Kentucky:
Louisville man sentenced on on child porn charge Contractor sentenced in Ft. Knox HS refurbishing case Former church bookkeeper charged with embezzlement KY 2014-2020 Highway Plan outlines 2 projects for Adair Co. Pulaski Grand Jury indicts couple on rape and sex abuse charges Glasgow, KY man sentenced to 156 month prison term State jumps 45 places in national entrepreneur ranking - to 4th Kentucky hit by overnight storms Louisville man sentenced to 70 months for robbery of 4 banks Kentucky granted extension status under federal REAL ID Act View even more articles in topic Kentucky |
 
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