Silver Bay’s interests in Sitka are located at the Sawmill Cove Industrial Park, which is owned by the City and Borough of Sitka. This is the location of the former Alaska Pulp Corporation pulp mill. While the Sawmill Cove Industrial Park has been in operation for over 7 years, just a few months into a lease that was executed in November 2006, Silver Bay has become the anchor tenant of the facility by investing more capital dollars into the site than any former tenant. This multi million dollar capital investment alone has created family wage jobs through employment with Silver Bay directly, and with the exclusively-local contracting pool. Additionally, it has been an economic stimulus for local suppliers and vendors. Over the long term, Silver Bay’s presence will be a positive economic impact to Sitka in the form of new jobs, growth in related business interests, property taxes and new raw fish tax revenue. Silver Bay’s vision of being a cornerstone of the Sitka economy is consistent with the intent of the Industrial Park in recovering from the pulp mill closure in 1993. During the 2010 Salmon Season, the SBS Sitka employed 200 workers for fish processing and facility maintenance.
Photography by Jeffrey Wickett, NorthLight Photography llc, www. northlightlc. com
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