PORTLAND, Maine — Shuttered since April, the nation's last full-time sardine cannery is getting a new lease on life with its purchase by a Massachusetts company that intends to process lobster at the factory, officials said Friday.
Live Lobster Co. on Friday completed the deal to buy the Stinson Seafood plant in Gouldsboro, which was closed 10 months ago by Bumble Bee Foods LLC, costing nearly 130 jobs, said Live Lobster President Antonio Bussone. The purchase price was not disclosed.
"We are humbled to assume control of such an historic property," Bussone said in an e-mail statement. "We understand the facility has long been entrenched with ties to the fishing industry and the community, and it has instilled the values of hard work and passion upon all who work and reside nearby. We promise to continue in this tradition."
Live Lobster originally wanted to close the deal in October, then January. While late, the deal is welcome news for local officials.
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