The plant will be capable of processing 40 million pounds of salmon a year according to a report in the Telegraph Journal.
The plant is expected to be completed within two years.
To meet the needs of the plant, the aquaculture company based in Blacks Harbour is to raise production.
Cooke Aquaculture has applications for four more fish farms in the Shelbourne and Digby area to add to the nine the salmon producer alread owns.
But first the Blacks Harbour-based fish grower must boost its production in Nova Scotia. The company currently operates nine salmon-focused fish farms in the province, and has filed applications for four additional farms in the Shelburne and Digby areas.
The company said that the new Digby farms could house fish by the spring and the Shelbourne farms will be up and running in 2012.
Cooke Aquaculture Plans Processing Plant
CANADA - As part of a C$150 million expansion in Nova Scotia, Cooke Aquaculture is to build a fish processing plant in Shelburne County.