Food and Beverage Business

Nissui, a Japanese company, to expand seafood processing capacity in US and EU

Nissui, a Japanese company, to expand seafood processing capacity in US and EU Nissui Food and Beverage Business

Japanese seafood processing giant Nissui is planning to expand production capacity at two of its US and EU subsidiaries, investing a total of Y17m ($113,122) into Gorton’s Co. in Massachusetts and Cité Marine in Kervignac, France. These investments are part of Nissui’s ongoing Good Foods 2030 strategy, aimed at enhancing global expansion operations and establishing the company as a global fried seafood leader.

Gorton’s Co., a producer of frozen seafood for the US market, aims to expand its line of shrimp products and has identified a new production site in Indiana, with operations expected to commence in the second half of 2025. In addition to boosting production capacity, Nissui plans to improve logistics efficiency for raw material procurement and product sales, and increase production of value-added products.

Cité Marine, on the other hand, will utilize the investment to enhance the production and sales of alternative protein products at its Keranna Productions site in Plumelin. This operation is expected to expand its production capacity by 2025, while also improving delivery efficiency, optimizing production items, and automating packaging equipment.

With these investments, Nissui aims to strengthen its position as a leader in the food and beverage industry trends, expand its global footprint, and continue its growth trajectory in the food and drink business. These initiatives align with the company’s commitment to delivering high-quality seafood products and meeting the evolving consumer trends in the food and drink sector.

The news of these investments comes on the heels of Nissui’s positive financial results for the third quarter ended December 2023. During this period, the company recorded a net sales increase of 7.5% year-on-year, reaching Y625.5m, and delivered operating profits of Y26.3m, reflecting an 11.3% hike compared to the same period in 2022. Stay updated with our daily news round-up to gain a competitive edge and access leading industry insights.