Mainebiz

December 12, 2016

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V O L . X X I I N O. X X V I I I D E C E M B E R 1 2 , 2 0 1 6 14 T om Adams had more than paid his dues when he created Maine Coast, his York-based live lob- ster wholesale company, in 2011. With almost 30 years in the lobster business, he had a clear vision of how his com- pany could distinguish itself from the competition and grow. He set his sights on international sales, in particular the emerging Asia market, which in 2011 was showing signs of great potential with China beginning to show interest in the iconic Maine lobster as a tasty alternative to lobsters shipped from Australia and New Zealand. In a mature market, he says, Maine Coast would have to take away market share from someone else; in an emerging market, the future was wide open. P H O T O / T I M G R E E N WAY Maine Coast's rapid growth as lobster wholesaler comes from tapping export markets B y J a m e s M C C a r t h y Maine Coast 15 Hannaford Drive, Unit 2, York Founded: 2011 Top leader: Tom Adams, owner/CEO Sales growth 2013–15: 71.9% Number of employees: 35 in York, five in Boston Contact: 207-363-0876 www.mainecoastcompany.com MILLION TOUR DIVIDEND AHEAD IN NOVEMBER, MEMIC RETURNED $ 20 MILLION IN DIVIDENDS TO MORE THAN 17,000 MAINE EMPLOYERS! Our excitement drove us (literally) to hit the road to deliver policyholder dividend checks around Maine. FOLLOW MEMIC ON FACEBOOK TO SEE HIGHLIGHTS FROM OUR TOUR. To make sure you're choosing MEMIC, talk to your agent or go to memic.com. MEDIUM COMPANY Tom Adams, the founder, owner and CEO of Maine Coast in York. Selling the 'Maine brand' overseas

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