Maine Fair Trade Lobster to expand operations in Gouldsboro
Maine Fair Trade Lobster, the company that took over lobster-processing operations at the shuttered former Live Lobster plant in Prospect Harbor last summer, plans to increase the plant’s capacity by 50%.
The company told the Bangor Daily News it will temporarily shut down the facility — taking advantage of the slow winter lobster-processing season — in order to complete the expansion.
The newspaper reported that most of the plant’s 130 production employees would be given notice of temporary layoffs. The plant is expected to be fully operational by spring.
Maine Fair Trade Lobster, which processed more than 4 million pounds of lobster in 2013, is a joint operation between Connecticut-based Garbo Lobster and East Coast Seafood of Topsfield, Mass. The business partners acquired the 100,000 square-foot former sardine cannery at a TD Bank foreclosure auction in September 2012 for $900,000. The auction was ordered by the bank, which had filed a lawsuit this spring claiming Live Lobster owed it $3.4 million.
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