Friday, March 04, 2005

Friday's News: Mohegans to Shut Down Stonington Bivalve Operation

The Mohegans are closing up their shellfishing business, which they restarted five years ago (after a roughly 350-year hiatus). They had invested $7 million and weren't expecting to break even for another three or four years. The operation was based in Stonington, which will now be looking for someone else to fill an important spot on their waterfront.

The New London Day has a good account of the economic difficulties of starting a shellfishing operation.


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