A company bought out the old mill and says it's a major milestone for the Bucksport community.
Whole oceans signed a purchase and sale agreement for a little over 120 acres to take over the old mill and grow Atlantic salmon.
Director of corporation Ben Willauer said "This facility allows us to grow that fish which has been grown abroad, and grow it here in Maine. There is a massive amount of opportunity in the u.s. Market for Atlantic salmon."
He says here in the united states we do not have a lot of domestic production. "And about 20 a little over 20 percent of the cost of that fish is getting it here through transportation so there's a great market opportunity for domestic production."
They will be growing the salmon from the egg stage, until their full grown and ready to be processed.
"We've actually pre-sold 100 percent of our production capacity for the next ten years, which is pretty wild" said Willauer.
They will officially break ground this coming fall, and will initially have around 50 to 60 new job opportunities.
"We'll be incorporating an education center within our facility and we will be allowing the public to see what we're doing" said Willauer.
The mill provided jobs to several generations of people in the past. One community economic developer says he's sure Bucksport will stay strong with this new operation.
Community and economic developer Richard Rotella said "And now for the next 100 years and longer it will be Atlantic salmon."