Portland Fish Exchange receives $320K grant

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PORTLAND — The city will receive a $320,000 Economic Development Administration grant to make repairs to refrigeration equipment at the Portland Fish Exchange.

The grant will be directed through the city and used to replace equipment installed at the exchange in the 1990s, according to a press release Monday from U.S. Rep. Chellie Pingree, D-Maine.

One piece of the refrigeration system has failed and the rest isn’t too far behind, according to exchange General Manager Bert Jongerden. “This funding is coming in the nick of time and we’re going to get the repair work started as soon as possible,” he said.

Without the grant money, the seafood depot would be in danger of losing business, Mayor Michael Brennan added. Pingree said the exchange processes 95 percent of Maine’s fishing catch.