Prince William Sound Aquaculture Corporation
(PWSAC) is a private nonprofit aquaculture association founded in 1974
by local fishermen and other stakeholders
to optimize Alaska’s wild salmon resources.
PWSAC produces hatchery-born, ocean-raised wild
salmon for the commercial, sport, personal use
and subsistence fisheries in the Prince William
Sound and Copper River regions.
With headquarters in Cordova, Alaska, PWSAC
operates four remote salmon hatcheries in Prince
William Sound and one on the Copper River in
Paxson. About 600 million salmon fry/smolt
are produced for release into Pacific waters.
The returning adults benefit all user groups.
PWSAC operations are financed through periodic state grants, licensing a portion of the returning salmon for a fee to seafood processors who in turn catch and sell the fish (cost recovery),
and by a 2% voluntary salmon enhancement tax
paid by commercial fishermen.