Minigoo Processing Plan to Re-Open

LENNOX ISLAND, P.E.I. — After closing last summer, the Lennox Island First Nation, P.E.I.-based Minigoo Fisheries lobster plant is expected to re-open in the spring, CBC News reports.

After the Native-owned Minigoo company went bankrupt — owing creditors $3 million — last July, the Lennox Island band returned to the plant with the name Minigoo 2010 and made some managerial changes.

While some creditors told the CBC they were disappointed by Minigoo’s reopening, other insiders are optimistic.

For the complete CBC story, click here.