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Tassal

Tassal Limited
Public company
Traded as ASXTGR
Industry Food processing, fishing
Founded Tasmania, Australia
Headquarters Hobart, Tasmania, Australia
Area served
Australia, New Zealand, Asia
Products Processed and canned fish products
Services Fishing
Revenue IncreaseA$272 million (2013)
IncreaseA$47 million (2013)
IncreaseA$33 million (2013)
Website http://www.tassal.com.au/

Tassal pioneered salmon farming in Australia in 1986 and is now Australia's largest Salmon producer as well as one of the largest employers in Tasmania.

In November 2003 Tassal grew from a privately owned operation to a major public company listed on the ASX. Tassal produces traditional fresh, frozen, smoked, canned and other value added salmon products for retail, wholesale and export markets.

Tassal‘s Head office is in Hobart, with offices across Tasmania including the Huonville and Margate regions. The Sales and Marketing office is located in Melbourne.

Tassal has two retail stores located in Salamanca, Tasmania and Kew, Victoria.

Tassal's main competitors in Tasmania are Huon Aquaculture and Petuna Seafoods.

Tassal operates three main hatcheries that have the capacity to produce ten million smolt a year. These smolt come from broodstock from an industry selective breeding program; five million of these smolt are kept at the state-of-the-art Rookwood Road Hatchery, which is set to undergo an expansion due for completion in April 2016 where we will see the overall capacity of Rookwood one and two reach in upwards of 10-11 million smolt. After 8-12 months at Rookwood Road these smolt are transferred to sea.

Tassal has six marine regions, where the standard pen has a volume of 11,600 cubic meters and holds enough salmon to produce 120 tonnes once harvested. Salmon are kept in these large sea cages between 12-18 months and continue to grow until they are ready to be harvested at an average weight of 5.0kg live weight.

Tassal has three processing sites including a smokehouse that produces an average of 15.4kg finished product per minute or 3,048 tonnes every year.


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