A good article -
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Adams, 45, started his company in 2011 with the vision of focusing on international sales. The market in Asia, at that point, was just emerging — with China, for example, importing a bit more than $100,000 worth of Maine lobsters in 2010, according to the U.S. Census Bureau's foreign trade division. In 2014, with $21.5 million in sales, China is the No. 2 importer of Maine lobsters after Canada, at $300.5 million.But wait...
Although his company is technically a start-up, Adams has more than paid his dues: He's a 30-year veteran of Maine's shellfish industry.Right... he was already set up with contacts worldwide...
With almost $2 million invested in his new facility and not a single customer lined up when he opened Maine Coast Shellfish in 2011, Adams says his business plan targeting international markets has paid off, with the company achieving profitability in its first year with $7 million in overall sales. Top-line sales grew to $15 million in 2012, $25 million in 2013 and $40 million in 2014.Not lined up, but they knew him... anyway, lots of real world parts to this article...
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