Gov. Togiola Tulafono is part of the talks involving Tri Marine International’s effort to acquire the COS Samoa Packing plant owned by Chicken of the Sea.
Tulafono said a purchase agreement is conditional on Tri Marine securing a long-term ground lease and other agreements with the government.
The territory owns the land where the plant is located. Chicken of the Sea has a lease agreement that expires in three years.
The Samoa News reported Thursday that Tri Marine would pay less than $5 million for COS Samoa’s fixed assets.
