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