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Event Calendar : Press Releases : Seashare: Get Involved

July 2, 2007 - The BBEDC Buys a 50% Stake in Ocean Beauty

Seattle, WA, USA – Ocean Beauty Seafoods LLC is proud to announce that the Bristol Bay Economic Development Corporation (BBEDC) has invested a 50% equity stake in Ocean Beauty.

This investment allows vertical integration of the BBEDC resources such as crab, salmon, halibut and groundfish with the largest salmon processor in the State of Alaska and affords the maximum utilization of these resources.

Founded in 1910 as the Washington Fish and Oyster Company, Ocean Beauty owns and maintains a worldwide network of manufacturing plants, smokehouses, quality control facilities, distribution locations, and sales offices.

The Bristol Bay Economic Development Corporation is a nonprofit Community Development Quota (CDQ) corporation headquartered in Dillingham, Alaska, providing local residents and communities with the tools to develop fisheries related economic development at the community level.


May 11, 2007 - Ocean Beauty Seafoods Statement on Melamine Additives

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April 16, 2007 - THE BRISTOL BAY ECONOMIC DEVELOPMENT CORPORATION INVESTS IN OCEAN BEAUTY SEAFOODS

Seattle, WA, USA – Ocean Beauty Seafoods Inc. is proud to announce that the Bristol Bay Economic Development Corporation (BBEDC) will take a 50% equity stake in Ocean Beauty. This investment allows vertical integration of the BBEDC resources such as crab, salmon, halibut and groundfish with the largest salmon processor in the State of Alaska and affords the maximum utilization of these resources.

“We have found the ideal company to invest in,” said Robin Samuelsen, CEO of the BBEDC. “Ocean Beauty’s management group is strong and they bring processing expertise and training that will allow us to expand opportunities for our residents. Their commitment to shore-based processing and Alaskan rural community viability is a natural fit with the mission of the BBEDC, which is to improve the economic conditions for the residents of Bristol Bay, Alaska.”

“Integrating this much raw material into Ocean Beauty’s retail brands through our marketing strength, R&D capacity, value-added capabilities, world-class packaging, and our large and experienced sales force, makes this a tremendous win for everyone involved,” said Mark Palmer, Ocean Beauty President and COO. “This investment will help Wild Alaskan seafood expand its presence and value across both the domestic and international markets.”

There will be no changes in management at either company as a result of this investment. Ocean Beauty will continue to occupy its current headquarters in Seattle, and all seven of its Alaskan processing plants will continue to operate as normal. Founded in 1910 as the Washington Fish and Oyster Company, Ocean Beauty owns and maintains a worldwide network of manufacturing plants, smokehouses, quality control facilities, distribution locations, and sales offices.

The Bristol Bay Economic Development Corporation is a nonprofit Community Development Quota (CDQ) corporation headquartered in Dillingham, Alaska, providing local residents and communities with the tools to develop fisheries related economic development at the community level.

MEDIA CONTACT:
Tom Sunderland
Director of Marketing
(206) 286-2590


September 2005 - Mark Palmer has been named President and Chief Operating Officer

Ocean Beauty Seafoods, Inc. is pleased to announce that Mark Palmer has been named President and Chief Operating Officer of the company. Mark brings his 20 years plus experience in the seafood business to the Presidency. He started his career in Ocean Beauty's Boise, Idaho distribution location in 1984 and rose up through the ranks to his most recent position as Executive Vice President of Operations and Sales. Mark is also Chairman of the Board of Directors of the Alaska Seafood Marketing Institute (ASMI).

Board of Directors
Ocean Beauty Seafoods, Inc.


May 2005

Good News! Contaminants Very Low in Alaska Fish
by Joyce A. Nettleton, DSc, RD


December 15, 2004 - Acquisition of the Port Clyde and Commander brands of sardines and Neptune brand clams

SEATTLE - Ocean Beauty Seafoods, Inc. is pleased to announce the acquisition of the Port Clyde and Commander brands of sardines and Neptune brand clams from Bumble Bee Seafoods, LLC.

Port Clyde, Commander, and Neptune are strong brands in a category that is a natural fit with Ocean Beauty’s long-range commitment to the shelf-stable seafood industry. This acquisition, along with our recent expansion into wild Alaskan skinless/boneless pouch salmon, continues Ocean Beauty’s dedication to meeting the needs of the broadest range of consumers. Ocean Beauty has the sales, marketing, and logistical experience and resources to ensure the future success of this business.

Ocean Beauty Seafoods, based in Seattle, Washington, is one of North America’s largest producers and distributors of canned, fresh, frozen, smoked, and value-added seafood. The company sells canned salmon under the Pillar Rock, Icy Point, and Pink Beauty brands, and smoked salmon under the LASCCO and Echo Falls labels. Ocean Beauty operates fourteen domestic production plants, a distribution arm that operates in ten metropolitan areas from the Pacific Northwest to Dallas, Texas, and has sales offices in Seattle, Boston, Los Angeles, and Tokyo.


September 13, 2004 - America's Second Harvest Recognizes Ocean Beauty at National Conference (CSRwire)

SEATTLE - Ocean Beauty Seafoods has been honored for their commitment to increasing the availability of seafood to alleviate hunger. On September 12th, Ocean Beauty received a special Hungers Hope Award at America's Second Harvest's National Conference in Baltimore. The company has led the seafood industry in helping to alter the balance of quality food and nutrition for hungry Americans. " We congratulate Ocean Beauty Seafoods for their invaluable work toward ending hunger in America," said Shelly Elfstrom, America's Second Harvest food sourcing. " This dedicated company has donated a wide variety of products, as well as services, logistical support, and project funding to build a solid, sustainable source of seafood for hunger relief." During the last twelve years America's seafood producers have become a national force in the fight against hunger, through their partnerships with SeaShare. Their steadily increasing seafood product donations provide a needed source of high-value protein for the people served by America's Second Harvest affiliates. " In 2004 alone, the products they donate will provide over 16 million seafood meals," said Elfstrom. " Though many individual companies contribute generously to this effort, at the awards banquet we want to recognize Ocean Beauty's unusual depth of commitment to help end domestic hunger." " We are proud of the work we do on behalf of America's Second Harvest. Our contributions are not only in donations, but also in providing workable programs to provide food for hungry Americans.

At Ocean Beauty, we always are looking for ways to be careful stewards of our resources and to give back to the communities we serve," said Mark Palmer, Ocean Beauty executive vice president - operations & sales. Ocean Beauty is the largest producer of both canned and smoked salmon in North America and one of the largest global seafood companies in the United States. The company has been operating in the Alaska salmon business since 1930. Ocean Beauty has 26 facilities located in six countries supporting its worldwide sales operation. The company continues its tradition of growth with the development of new and exciting products for today's seafood consumer. For more information on Ocean Beauty, its long history in Alaska and diverse product line, please visit www.oceanbeauty.com. America's Second Harvest is the nation's largest domestic hunger-relief organization with a national network of more than 200 regional food banks and food-rescue programs, serving all 50 states and Puerto Rico. It distributes 1.4 billion pounds of donated food and grocery products annually. America's Second Harvest's network supports approximately 50,000 local charitable agencies, operating more than 94,000 food programs, including food pantries, soup kitchens, women's shelters, Kids Cafes, Community Kitchens. These local organizations provide emergency food assistance to 23 million hungry Americans, including more than nine million children and almost three million seniors each year. For more information, visit the web site at www.secondharvest.org.


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