A business that serves commercial fishermen has built-in challenges, among them weather, changing fish populations and federal regulations that substantially impact planning and development. To survive and thrive, a marine design and supply business has to be nimble, innovative and just plain determined.
Last year's expansion of Reidar's Trawl Gear and Marine Supply to a 21,000-square-foot building in New Bedford is a visible statement that the family business is on the right course. The move consolidated the original Fairhaven, Mass., office, design and production space and a separate warehouse.
The purchase of the land and construction of the new building were accomplished with the assistance of a $779,000 loan from the South Eastern Economic Development Corp., in cooperation with Bristol County Savings Bank. The funding was provided under the U.S. Small Business Administration's 504 program, which allows funds to be used for the purchase of real estate and equipment.
Read the full story at the Providence Business News>>
National Fisherman Live: 10/21/14
In this episode:
North Pacific Council adjusts observer program
Fishermen: bluefin fishing best in 10 years
Catch limit raised for Bristol Bay red king crab
Canadian fishermen fight over lobster size rules
River conference addresses Dead Zone cleanup
National Fisherman Live: 10/7/14
In this episode, National Fisherman Publisher Jerry Fraser talks about the 1929 dragger Vandal.
NOAA and its fellow Natural Resource Damage Assessment trustees in the Deepwater Horizon oil spill have announced the signing of a formal Record of Decision to implement a gulf restoration plan. The 44 projects, totaling an estimated $627 million, will restore barrier islands, shorelines, dunes, underwater grasses and oyster beds.
The Golden Gate Salmon Association will host its 4th Annual Marin County Dinner at Marin Catholic High School, 675 Sir Francis Drake Blvd., Kentfield on Friday, Oct 10, with doors opening at 5:30 p.m.