A dynamic cooperative right from the start
Island Fishermen Cooperative Association Ltd. (IFCA) was founded in 1943 to process cod and build a cold-storage warehouse. The prevailing market showed strong demand for frozen products. IFCA answered this demand by specializing in the processing of groundfish until the 1992 moratorium on the northern cod fishery.
In 1975, the company built a processing plant for snow crab (Chionoecetes opilio), a species whose delicious flesh and subtle taste made it a significant rival to the Alaska king crab (Paralithodes camtschaticus).
Beginning in 1992, IFCA diversified its processing activities to a wider range of marine products, including the cold-water northern shrimp (Pandalus borealis). The plant also began to process rock crab (Cancer irroratus) and herring for its roe (eggs) and by-products.
In recent years, IFCA has increased its shrimp production considerably. The cooperative has successfully developed quality products with unique characteristics and continues to do so in a constant effort to generate new and interesting commodities.