National Fisherman

The former Stinson cannery in Gouldsboro has become a symbol of economic frustration for many on the Schoodic Peninsula. After the last remaining sardine factory in the United States closed in 2010, it was bought by the Live Lobster Company and converted to a lobster processing facility with the backing of some USD 400,000 in public funds. A little over a year after the plant reopened, the facility was again shuttered when after Live Lobster defaulted on its loans from TD Bank. Some 70 local residents lost their jobs with the closure.

But this September, the plant was sold at auction to two buyers, the Groton, Connecticut-based Garbo Lobster Company and East Coast Seafood, based in Lynn, Massachusetts. The sale holds promise for the local economy and the Maine lobster industry, say seafood analysts and local officials. Whereas concerns swirled around the 2011 sale of the facility, many view the two seafood companies’ purchase of the plant as a good omen for the future of seafood processing on the peninsula.

Gouldsboro selectman Roger Bowen is optimistic about the sale. He said the plant’s buyers have projected to process between three million and five million pounds of lobster and employ some 80 people in 2013. Bowen feels such a goal is realistic.

“That’s fairly aggressive, but I think it’s doable,” said Bowen. “Garbo Lobster and their partners have an outstanding reputation. They’re experienced, they’ve done this before and they come into this with their eyes wide open.”

See the full story at Seafood Source>>

National Fisherman Live

National Fisherman Live: 2/26/15

In this episode, National Fisherman's Online Editor Leslie Taylor speaks with Rick Constantine, vice president of marketing, Acme United Corporation, about Cuda corrosion resistant knives.

National Fisherman Live: 2/24/15

In this episode:

March date set for disaster aid dispersal
Oregon LNG project could disrupt fishing
NOAA tweaks gear marking requirement
N.C. launches first commercial/recreational dock
Spiny lobster traps limits not well received

Inside the Industry

Today Sen. Lisa Murkowski (R-AK) introduced legislation to extend a permanent exemption for incidental runoff from small commercial fishing boats.

Read more...

The National Working Waterfront Network is now accepting abstracts and session proposals for the next National Working Waterfronts & Waterways Symposium, taking place Nov. 16-19 in Tampa, Fla. The deadline is Tax Day, April 15.

Read more...
Try a FREE issue of National Fisherman

Fill out this order form, If you like the magazine, get the rest of the year for just $14.95 (12 issues in all). If not, simply write cancel on the bill, return it, and owe nothing.

First Name
Last Name
Address
Country
U.S. Canada Other

City
State/Province
Postal/ Zip Code
Email