Friday, July 13, 2012

Local Ocean at Sea

For months there have been rumors that Local Ocean, the company that brought the innovative Israeli aquaculture system for raising saltwater fish to a warehouse in Greenport, was experiencing financial difficulties. Now the rumors have been confirmed. Nathan Mayberg reports in today's Register-Star that Local Ocean, which opened in Greenport in 2009, failed to meet its most recent county and town tax obligations: "Fish farm misses PILOT payment." 

1 comment:

  1. Winner of the Crystal Apple in 2010... (Another nominee that year was the ill-fated revival of Blue Stores, which failed soon thereafter, and is now under new management. Business excellence ought to be honored after more than just a few months in operation.)