Please do not leave this page until complete. This can take a few moments.
A lobster processor in Gouldsboro plans to add up to 75 new employees as it expands production with the help of a new investor, the Ellsworth American reported Wednesday.
Maine Fair Trade Lobster, founded in 2012 by two seafood distributors, Garbo Lobster and East Coast Seafood, is looking at building employee housing to expand its 150-employee workforce to around 175 to 225, company officials told the paper.
Undercurrent News, a seafood industry publication, reported in July that the company received an undisclosed investment earlier this year from Seafood Investment Group, owned by Jacksonville, Fla.-based asset manager Forum Capital Group.
Company officials told the Ellsworth American that the investment it will enable the company to add products, improve logistics and increase operating efficiencies.
Maine Fair Trade processed 4.3 million pounds of lobster in 2013, 7.5 million pounds in 2014 and expects to process more than 9 million pounds this year, the company told the paper.
Garbo, the largest buyer of live lobster in Maine, is based in Groton, Conn., and sells live lobster worldwide. East Coast Seafood is a subsidiary of American Holdco Inc., a Lynn, Mass.-based company whose subsidiaries process and distribute seafood worldwide.
Read more:
Lobster plant increases workforce by nearly 50%
Maine Fair Trade Lobster to expand operations in Gouldsboro
The 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.
Learn MoreWork 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.
Learn MoreFew 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.
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.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
Comments