Bristol Seafood will invest $5 million in its processing facility
According to a company statement, Bristol Seafood received a grant of over $740 thousand from the Maine Technology Asset Fund.
Through this investment, the company will create an additional 40 jobs and the new capabilities will provide critical and necessary infrastructure to the Portland Fish Pier.
“We are proud to partner with MTI. Through this grant and our substantial investment, we will bring seafood products made to our uncompromising Maine standards to more consumers, create quality jobs for Mainers, and bring new processing technologies and capabilities to the local waterfront,” said Bristol’s President & CEO, Peter Handy.
Bill Needelman, Waterfront Coordinator for the City of Portland noted, “For nearly three decades, Bristol Seafood has been an anchor of the seafood industry on the Portland Fish Pier. With this investment, we look forward to the next thirty years.”
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