Sustaining resources is an important goal for the company and this includes the amount of saleable product extracted from the harvest. Specifically, increasing the lobster yield is the key to higher profitability from boat to plate. Utilizing a higher percentage of the gross harvest is at the heart of the company’s sustainability plan.
An excellent example is the unique Paturel business model around lobster (live and frozen production in the same operating facility.) The company leverages efficiencies to utilize more of the lobster harvest – minimizing waste. In addition, product logistics between various production plants, provides efficiencies of scale and increased flexibility. Moreover, value added and convenience products are increasing, and the company is now involved in lobster retail items like pasteurized lobster meat (fresh not frozen.)