Maine Fair Trade Lobster Has New Partner, New Capital

GOULDSBORO — Maine Fair Trade Lobster, which has been processing lobsters in Prospect Harbor for three years, has formed a new partnership with Forum Capital Group of Jacksonville, Fla., according to a company spokesman.

Maine Fair Trade Lobster, which includes Garbo Lobster, East Coast Seafood and now Forum Capital, is expecting to more than double its production this year to 9 million pounds from 4.3 million pounds in 2013.

The size of Forum Capital’s stake was not disclosed, but Maine Fair Trade Lobster said it will enable the company to add products, improve logistics and increase operating efficiencies.

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