Lighthouse Caledonia is breathing new life into its business by changing its name and reopening a plant. (Photo: Lighthouse Caledonia)
(UNITED KINGDOM, 7/15/2010)
Scottish salmon farmer Lighthouse Caledonia has changed its name to The Scottish Salmon Company.
The company, with headquarters in Edinburgh and farms across west Scotland, was rescued by an investment deal worth GBP 17 million (EUR 20.3 million). It then reported a record set of profits.
The firm, which began trading under its new name on Oslo's stock exchange last week, will re-open a plant on the island of Stornoway and begin production there in the autumn.
Seventy new jobs will come of the move. Some 130 workers were laid off when the Stornoway plant was put aside in December 2008.
Employing 70 staff would "meet immediate demand for processing on the island" but "as part of the growth plans, [the company] will be looking to increase that number in tha...
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