Maine company grows California yellowtail at UMaine’s Aquaculture Center
The University of Maine’s Center for Cooperative Aquaculture Research (CCAR) is a leading resource for startups and established companies in aquaculture. Located on Taunton Bay in Franklin, Maine, CCAR’s extensive facility houses a variety of fish hatcheries and aquaculture business incubators where entrepreneurs can get help with their business plans, secure investment capital, and design full-scale commercial fishery farms.
One company that had its beginnings at CCAR is land-based indoor fish farm Acadia Harvest Inc. The company used the facilities to experiment with novel sustainable feeds and develop advanced recirculating aquaculture systems. In partnership with CCAR, Acadia Harvest produces high-quality sustainable marine seafood, such as California yellowtail and black sea bass, which it sells to distributors in Maine, Boston and San Francisco. The company is in the process of designing a large-scale production facility in Hancock County that would produce 1 million pounds of fish a year, bringing several million dollars annually in revenue and creating more than 20 new jobs. In this video, Acadia Harvest chair and CEO Ed Robinson talks about the company and how its early partnership with CCAR was essential to its success.
To learn more, visit ccar.um.maine.edu.
For more information about these and other innovation and economic development initiatives at UMaine, visit umaine.edu/econdev.