Maine Fair Trade Lobster took several major steps last year and its efforts appear to be paying off.
The value-added processing joint-venture between lobster distributors Garbo Lobster and East Coast Seafood started processing in 2013 after the partnership acquired former Bumble Bee Foods' 100,000-square-foot Prospect Harbor plant at auction for $900,000 (€700,000) in 2012.
"Together, we have invested close to $5 million (€4.59 million) in our Maine Fair Trade Lobster partnership with Garbo," East Coast Seafood CEO and President Michael Tourkistas told IntraFish.
"Much