Saving Seafood

Expanding lobster supplier hires New England seafood veteran

June 14, 2016 — York, Maine-based live lobster wholesaler Maine Coast has hired a general manager for its new Boston Fish Pier facility, which will open later this month.

Peter Kendall, a New England seafood sector veteran who’s previous role was operations manager at Mazzetta’s Gloucester Seafood Processing factory, is joining Maine Coast.

“We are happy to welcome Peter Kendall to our growing team,” said Tom Adams, founder and owner of Maine Coast, in a release. “This is a critical position as we expand our live lobster wholesale business to Boston. I needed someone with a strong understanding of the seafood business and real leadership skills. We found both with Peter.”

Kendall started in the seafood industry when he was 15 working summers as a lumper at the Portsmouth fisheries co-op. He studied resource economics at the University of New Hampshire and continued working seasonally at the co-op.

Read the full story at Undercurrent News

Maine Coast Co. delivers lobsters around the world

May 31, 2016 — YORK, Maine – Every day is a “crazy juggling game” for Tom Adams, owner of the wildly successful lobster wholesaler Maine Coast Company. His product is live and perishable. His customers are in Seoul, South Korea, Madrid, Spain, or San Francisco. He has to worry about Homeland Security regulations, endless paperwork for China exports, planes that don’t take off on time.

“There’s a lot of risk when your product is controlled by Mother Nature,” said Adams. “We have to get it where it’s going in 48 to 60 hours. Any delay means it doesn’t get there alive. My strong point, I think, is that I have the gut instinct to most of the time play the market correctly. It’s no different than oil futures or some other commodity. It’s just that I’m dealing in lobsters.”

Located in a nondescript warehouse on Hannaford Drive in York, Maine Coast Company has had the kind of meteoric success other businesses would envy. Founded by Adams in 2011 with a $1.5 million loan, sales in 2015 were $43 million – a growth rate of 20 to 30 percent a year.

The company has expanded its space to accommodate tanks that can hold 155,000 pounds of lobster. At the end of June, it will open a $500,000, 5,000-square-foot facility on the Boston Fish Pier that will hold another 25,000 pounds — all the quicker for getting those lobsters on airplanes.

This growth is to accommodate an exploding global demand for Maine’s premier crustacean. According to the U.S. Census foreign trade division, lobster is the No. 1 commodity exported from Maine, and its growth has increased substantially from $231 million in 2012 to $331 million in 2015.

Read the full story at Seacoast Online