$ 20M in Fed Funding Will Help Lobster Industry Claw Back Lost Market Share

Food Export USA-Northeast said it will use more than $20 million in federal funding to help seafood suppliers tap into new markets, with a special focus on the lobster industry.

The Philadelphia-based nonprofit association unveiled the plan and new funding through the U.S.D.A’s Agricultural Trade Promotion Program in a press release Wednesday.

It said the group will use a “significant portion” of the amount over the next few years to open new export markets for selected regional suppliers, educate importers and connect the industry to a broader range of international buyers.

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