Aquabanq, Sheridan, Wyo., announced plans to commence construction on a modern aquaculture plant in Millinocket, Maine, after two years of development, planning and preparations.

The plant is projected to produce 8 million pounds of fresh, U.S. farm-raised Atlantic salmon per year by 2022 for the Boston, Mass.; Montreal, Canada; New York; Philadelphia, Pa.; Washington D.C., areas.

The fish will be raised in modern recirculating aquaculture systems (RAS), providing a small carbon footprint that is free from antibiotics, hormones, vaccines and diseases.