Written by Jen Finn
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>>
The following was released by the Maine Department of Marine Resources on Jan. 22:
The Maine Department of Marine Resources announced an emergency regulation that will support the continued rebuilding effort in Maine’s scallop fishery. The rule, effective January 23, 2016, will close the Muscle Ridge Area near South Thomaston and the Western Penobscot Bay Area.Read more...
Louisiana’s Department of Wildlife and Fisheries, which governs commercial and recreational fishing in the state, got a new boss in January. Charlie Melancon, a former member of the U.S. House of Representatives and state legislator, was appointed to the job by the state’s new governor, John Bel Edwards.
Although much of his non-political work in the past has centered on the state’s sugar cane industry, Melancon said he is confident that other experience, including working closely with fishermen when in Congress, has prepared him well for this new challenge.Read more...