This story was updated to reflect the fact that Trident Seafoods closed on the sale of its Petersburg facility on April 1, 2024.
Seattle, Wash. – March 2024 – Trident Seafoods announced that it has officially closed on its agreement to sell its processing plant, bunkhouse, galley, and two housing units in Petersburg, Alaska, to E.C. Phillips & Son Inc. The transaction closed April 1, 2024.
Trident announced in December 2023 that it is seeking buyers for four of its Alaska-based plants as part of a comprehensive, strategic restructuring initiative. Trident CEO Joe Bundrant stated that the company is intentionally seeking buyers who share Trident’s values, will take great care of the fleet and employees, and will integrate themselves into the community.
“E.C. Phillips & Son is a well-established family company with an almost 100-year history in the Alaska fishing industry,” said Bundrant. “The company has an excellent reputation for quality and support, making it a great fit for Petersburg.”
According to the company website, E.C. Phillips & Son buys seafood from properly equipped boats to ensure top-quality products. Seafood products are rigorously graded and tracked throughout the process, from buying and freezing to packing and shipping, to guarantee the finest product to their customers.
E.C. Phillips & Son has year-round seafood processing operations. “We are very happy to see this plant in good hands. Like the Petersburg community, E.C. Phillips is a multi-species operation with a diverse customer base,” said Jeff Welbourn, Senior Vice President of Alaska Operations. “This means that the Petersburg plant could enjoy a longer season than it did under Trident’s banner, with an operator more focused on variety and direct distribution. This approach should set the Petersburg fleet up as a great hub in the Southeast region.”
For more information contact Alexis Telfer (Trident Seafoods, Corporate Communications) atelfer@tridentseafoods.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 on the Web at www.tridentseafoods.com or on social media on LinkedIn, Facebook, X (formerly Twitter), Instagram, Pinterest, or YouTube.
About E.C. Phillips and Son
Established in 1926 by Edward Phillips, E. C. Phillips & Son Inc. is a community-oriented business that provides services to fishing families throughout Southeast Alaska. Personal service and attention have established loyalty among both customers and harvesters. E.C. Phillips & Son operates year-round out of Ketchikan and Craig, Alaska.
Follow E.C. Phillips & Son on the Web at www.ecphillipsalaska.com or on social media on LinkedIn or Facebook.