May 14, 2023 — Keith Decker, who joined American Aquafarms as its CEO in October 2021, announced his resignation in early May and is now seeking to sell his share in the facility the company planned to use for its processing operations.
American Aquafarms reached an agreement to purchase the former Maine Fair Trade Lobster facility, in Gouldsboro, Maine, U.S.A., in October 2020. The 100,000-square-foot facility, formerly owned by the East Coast Seafood Group, was intended to house the company’s hatchery and fish farm facilities as part of a planned closed net-pen salmon aquaculture operation with a production capacity of up to 30,000 metric tons annually.