Last updated on June 14th, 2016 at 10:26 am
NaturalShrimp Inc. has announced its domestic expansion plans for three regional shrimp production systems in Texas, Nevada and New York. The regional facilities will include sales, packaging and shrimp plant management along with its patented water treatment systems and technology for growing shrimp in an indoor environment. Dallas and San Antonio, Texas, will remain the company’s headquarters for operations and production.
“After careful deliberation, NaturalShrimp has decided on three locations to build its first regional shrimp production systems,” said Scott Stubblefield, director of operations. “The three locations will serve as distribution centers not only to the surrounding areas, but allow NaturalShrimp the opportunity to expand its brand domestically. The worldwide shrimp demand continues to escalate, with the corresponding supply side dwindling due to disease and other factors in the traditional areas of shrimp production.”
In addition, the company continues its involvement as one of the largest shareholders in a European venture, with its first production operation located outside of Madrid, Spain, designed to optimize its technology and production methods.
“We are very happy with the progress our partners in Europe in executing their business objectives in that region,” said NaturalShrimp President Gerald Easterling.
At the close of its current funding, NaturalShrimp will begin to seek out areas near Las Vegas and New York as construction begins in La Coste, Texas.
NaturalShrimp is a publically traded Agro-Tech company that has developed and tested the first commercially- system for growing shrimp indoors and is currently raising capital for expansion. This system uses a proprietary technology to produce naturally-grown shrimp weekly without the use of antibiotics or toxic chemicals.