Peter Pan Seafood has been processing Alaskan seafood including salmon, halibut, crab, and caviar since 1912. With processing plants in Dillingham, Port Moller, King Cove, and Valdez, they employ approximately 1,310 people during peak season.
The fishing industry in Southwest Alaska is facing a significant blow as Peter Pan Seafood announced the decision to keep its large plant in King Cove closed for the winter. Peter Pan Seafood informed local officials of the closure last week. King Cove city administrator Gary Hennigh reported that the plant generates roughly one-third of the community revenue. The company will not be processing seafood which contributes nearly $2 million in yearly fish tax revenue to the small community.
Peter Pan Seafood has also announced that only workers from previous seasons will be hired for the 2024 A Season. Due to the number of returning workers and the closure of the King Cove processing plant, there will be no new hires will be interviewed according to the company website.