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Two seafood processing companies based out-of-state are making a bet on a shuttered plant in Gouldsboro, the former site of Live Lobster Co., which was auctioned for $900,000 Wednesday.
Thomas Saturley, president of the Portland-based Tranzon Auction Properties, who conducted Wednesday's auction at TD Bank's behest, told Mainebiz that David Garbo, head of the Groton, Conn.-based Garbo Lobster, submitted the winning bid in a very lively auction. Garbo has another seafood processing plant about 20 miles away in Hancock.
The Bangor Daily News reported Michael Tourkistas, head of East Coast Seafood, is teaming up with Garbo to reopen the former Live Lobster facility, which closed in March after less than a year of operation as a lobster-processing plant. Garbo told the BDN that the plant will need investment, something he plans to get in part through state and federal assistance and grants and loans.
The plant previously housed the Stinson sardine cannery, which was owned by Bumble Bee Foods until 2010, when it was purchased by Live Lobster Co. and soon ran into financial trouble. In the summer of 2011, the company had 70 employees working at the plant.
Tranzon also sold on Wednesday afternoon Live Lobster's dock and buying station in Stonington. Saturley told Mainebiz that Tony Ramos, owner of Granites of America in Smithfield, R.I., submitted the winning $1.6 million bid.
A lease on a commercial wharf in Phippsburg previously held by Live Lobster is set to be auctioned off today.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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