William Atwood said the sale of the William Atwood Lobster Company property and business on Spruce Head Island — to a company he did not want to yet identify — is nearly completed, reports the Herald Gazette newspaper.
The new company — based in the Chicago area — wants the lobsters for a processing plant it owns on Prince Edward Island, Canada.
He said most of the employees of the Atwood company will be kept by the new owner.
The Atwood lobster company has the largest shipping facility in Maine with a holding capacity of 200,000 pounds in refrigerated sea water, according to the Atwood Company Web site.
