First published in the 2013 Sitka Harbor Guide
Fishermen are a famously independent lot who sometimes get accused of letting their independence get in the way of their own long-term economic interests. Well, the more than 500 fishermen-owners of Seafood Producers Cooperative (S.P.C.) can tell their accusers a story that shoots that reputation right down
It’s a story that goes all the way back to the 1940’s, picks up in Sitka in the 1980’s and continues big time today. The fishermen-owners of S.P.C. produce eight million lbs. of catch annually, netting $44 million in gross sales revenues. With buying stations up and down the West Coast, S.P.C today is the oldest, largest and most successful fishermen’s cooperative in North America.
“The fishermen deliver their catch to their own company,” said S.P.C Sitka Plant Manager Craig Shoemaker of the Coop’s business plan. “We process the fish and market it for the fishermen, returning dividends to the fishermen, above and beyond what they would normally get if they sold their catch for cash.”
Shoemaker explained, for example, that halibut might be fetching $6 per pound at the dock. After the product is sold, S.P.C fishermen might get a 5 percent dividend – 30 cents extra per pound.
“We call it percentage over dock,” Shoemaker said. The rest of us might call it a chunk of change.





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