Tag Archives: Maine Coast Co.
Exporting crustaceans a ‘crazy juggling game’ – Maine Coast Co. delivers lobsters around the world
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.” Read the story here 11:44
