Troubled state-backed seafood company says it will lease out two plants, and could sell its assets

Peter Pan Seafoods said another processing company would lease and operate two of its Alaska plants for the summer salmon season. But another facility, in King Cove, is still in limbo.

Skiffs sit on shore in the Southwest Alaska fishing town of King Cove. (James Brooks via Flicker under Creative Commons license) — Skiffs sit on shore in the Southwest Alaska fishing town of King Cove. (James Brooks/Flickr)

A troubled, state-backed seafood processing company, Peter Pan Seafoods, has announced that it’s pursuing a deal to sell its plants to another business. But the news still leaves a key asset, the massive plant in the Alaska Peninsula village of King Cove, in limbo for the summer salmon season.

Peter Pan also announced late Thursday that it would…