MILLINOCKET, Maine (AP) — A London-based company is proposing a salmon aquaculture operation in Millinocket, Maine.

Aquaculture Management & Holding Co. said Tuesday that it is ready to begin building the plant after two years of planning and preparation. The Bangor Daily News reports that the company said earlier this year it intended to open a land-based salmon farm in the U.S. by 2022.

Steve Sanders, director of mill site redevelopment at Our Katahdin, tells the newspaper that the organization has been in discussion with several companies.

Aquaculture Management is the fifth company to announce a goal of creating a land-based aquaculture operation in Maine.

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