Oldest lobster processing company in Maine files for bankruptcy
Maine’s oldest lobster processing company filed for bankruptcy Tuesday. Cozy Harbor Seafood had been in business since 1980 and is the oldest and most experienced processor of lobster in the U.S., according to the company’s website. A lawyer representing the company said in an email that the company initiated this process to “continue operating while it restructures its liabilities and pursues a court-supervised sale to a new owner.” Going forward, Cozy Harbor’s processing and packing facilities on St. John Street at the Portland Fish Exchange and on Union Wharf in Portland will continue to operate, receive lobster, and whitefish deliveries from suppliers, employ staff, and fulfill customer orders. “Maine lobster and local ground fish keep Cozy Harbor busy year-round producing the best that Maine has to offer,” the website said. Links, more, >>CLICK TO READ<< 18:26
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