US smoked salmon giant Acme plans massive expansion, new distribution center
Smoked salmon titan is partnering to build a multi-story commercial project in Brooklyn in a sign of the company's continued growth, CEO tells IntraFish.
New York-based Acme Smoked Fish, the largest smoked salmon producer and distributor in the United States, is partnering with a real estate developer to build a 583,000-square-foot commercial project.
Acme will expand its current 65,000-square-foot processing facility into the new space that it is developing in Brooklyn with Philadelphia-based developer Rubenstein Partners.
Acme's manufacturing plant and corporate offices will take up between 80,000 to 90,000-square feet, and the rest will be available as office spaces in the multistory project.
The project, including acquisition and development, could cost up to $300 million ($€265 million), the Wall Street Journal reported last week.
Acme's expanding footprint is a sign of consistent growth, co-CEO David Caslow told IntraFish. The new plant should be up and running by middle of 2021, he said.
Acme is also investing in a new 50,000-square-foot distribution center in New Jersey, which is expected to open in January 2020.