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Policy: Budgets & Deficits

Maine to fight Canada's hold on lobster processing

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Photo - In this Friday, June 20, 2014 photo, Frank Carlson breaks a claw off a lobster at the Sea Hag Seafood processing plant in St. George, Maine. State officials and lobster industry leaders are working to bring more lobster meat processing back to Maine from Canada, where much of it takes place. (AP Photo/Robert F. Bukaty)
In this Friday, June 20, 2014 photo, Frank Carlson breaks a claw off a lobster at the Sea Hag Seafood processing plant in St. George, Maine. State officials and lobster industry leaders are working to bring more lobster meat processing back to Maine from Canada, where much of it takes place. (AP Photo/Robert F. Bukaty)
News,Business,Maine,Canada,Economy,Budgets and Deficits

ST. GEORGE, Maine (AP) — Lobster processors and state regulators in Maine say an upcoming bond referendum would boost the industry and help keep revenue, taxes and jobs in the U.S. instead of Canada.

The November referendum would dedicate $7 million in public money to Maine seafood and lobster processing. Maine lobstermen caught 126 million pounds of lobster in 2013 and Canada received nearly 60 million pounds from the state for processing.

The state's lobster processing industry is made up of about 15 companies that processed about 20 million pounds of meat in 2013. It is dwarfed by Canada's industry, which is centered in the Maritime provinces and processes about 150 million pounds annually.

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