PETERSBURG, Alaska (AP) – A hatchery in a small southeast Alaska community that closed down under a mountain of debt in 2014 has been purchased by a nonprofit organization that plans to produce chum and Chinook salmon at the site.
The state had foreclosed on the Gunnuk Creek hatchery’s $22 million debt and put it up for sale. The Northern Southeast Regional Aquaculture Association bought the facility in Kake for an undisclosed price this month, KFSK-FM reported.
The regional group was the only bidder on the property formerly owned by the Kake Non-Profit Fisheries Corporation, said Fred Parady,...
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