 After resettlement in 1966 Gaultois population rose to 594 with the fish plant and its draggers as the main employer of the town.The first Waymaster in 1877, was Richard Bradshaw.A fishing community, Gaultous went into a decline when the Lake Group first announced the closure of its fish plant in 1981 and again in 1990 when Fishery Products International closed the plant permanently.