METEGHAN CENTRE — West Nova MP Colin Fraser has announced a federal investment of $1 million in Riverside Lobster International Inc. The repayable contribution supports the acquisition of specialized equipment that will enable the lobster processor to expand its presence across Canada and the United States, as well as in European and Asian markets.
The contribution comes through the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program (BDP), and supports the purchase of a high-pressure processing machine, commonly called a Hiperbaric or HPP, to improve lobster meat extraction. Additionally, the company will purchase a continuous steam cooker, commonly called a Laitram. The new cooker will require less fuel to operate, therefore lowering usage costs and increasing yields.
The new equipment will allow Riverside to expand the value-added elements of its business offerings. As a quality-control measure, the company currently removes soft-shell lobsters from its live lobster shipments. This includes cracked and one- or no-clawed-lobsters.
To read the rest of the story, please go to: Yarmouth County Vanguard