The city of Portland has approved two lease agreements with seafood-processing companies that are projected to bring dozens of jobs to the Maine State Pier and generate millions of dollars in revenue for the city.
A 15-year lease agreement with Shucks Maine Lobster will allow the Richmond-based seafood-processing company to open an 18,800-square-foot processing plant inside the pier’s Portland Ocean Terminal in the spring.
According to public documents, Shucks plans to hire 60 part-time and nine full-time workers and will pay the city an annual lease rate of USD 202,100 (EUR 153,133) in 2014, with a 2 percent rate increase each year thereafter.
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