Big Island moves HQ to The Bay

The Fish Site
by The Fish Site
27 November 2007, at 12:00am

US - Aquaculture company Kona Blue Water Farms has moved its headquarters from Honolulu to San Francisco.

The move will put administrative functions closer to its biggest market. About 80 percent of the Kona Kompachi-brand yellowtail grown in the company's open-ocean facilities heads to the Mainland market, a spokeswoman said.

"The whole reason is to ensure we're able to grow our business and grow our operation in Kona," said Kelly Coleman, vice president of marketing.

Having its headquarters in the Bay Area will give Kona Blue Water Farms better oversight of the supply chain as well as improved access to investors interested in open-ocean aquaculture, she said.

The move comes as the company prepares to double the capacity of its Kona operations. It is conducting an environmental assessment and looking for community input as it seeks permits to modify its existing cages.

Source: PacificBusinessNews