Mainebiz reports on UMaine aquaculture impact study
Mainebiz reported the economic impact of the state’s aquaculture industry continues to grow rapidly, according to a recent study from the University of Maine’s Aquaculture Research Institute. The report, released late last month, examined data from 2014. It found there were 107 aquaculture-related businesses, 1,078 industry jobs and $56.09 million in labor income. The study went on to note that Maine’s coastline and marine resources leave the state poised to capitalize on continued growth in the industry in the coming years. By 2030, the report projects that 62 percent of all food fish will be produced by aquaculture.