Grieg Seafood is going to resume the first phase of construction of the post-smolt building in Marystown.

Post-smolt is a new technology within salmon farming where a larger part of the production cycle occurs on land, and the time the fish spend in the marine farms is reduced compared to traditional practices.

The building will be located in the Marystown Industrial Park, next to Grieg Seafood Newfoundland’s First Feed Building and Smolt Building.

Marco Construction and Olympic Construction are building the facility at a cost of about $14 million to start.

The timing of the second phase of construction depends partly on what happens in British Columbia as the federal government has a plan to transition the salmon farming industry there to a land-based one. Grieg operates in both British Columbia and Newfoundland and Labrador.

That phase would cost an additional $38 million. About 120 people will be hired.