Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


trū Shrimp is a brand of Ralco, a third-generation family owned business.(photo: trū Shrimp/FIS)

trū® Shrimp board gives green light to expansion plan in Luverne

Click on the flag for more information about United States UNITED STATES
Friday, November 09, 2018, 01:50 (GMT + 9)

The trū® Shrimp Company has just approved the continued development of Luverne Bay Harbor Complex, at a meeting held on Wednesday.

The Board directed management to finalize all engineering and construction plans for the site and begin to execute a plan to finance construction and start-up of the 67-acre Harbour Complex in Luverne, Minnesota.

“This is a water-shed moment for trū Shrimp,” Michael Ziebell, President and Chief Executive Officer of trū Shrimp stated. “This year, Balaton Bay Reef was built and shrimp are now stocked and growing in the pristine habitat of our indoor Tidal Basins.”

The entrepreneur also highlighted that Balaton Cove Hatchery has already started operations.

“The first broodstock shrimp have arrived from our genetics partner Oceanic Institute and they are mating, spawning, and offspring are growing in our created seawater. The partnership with Oceanic Institute and the development of our Hatchery mark the final steps of a truly integrated shrimp company,” added Ziebell.

Tidal Basin production models in the Research Centre.(Photo: trū Shrimp)►

Brian Knochenmus, Chairman of the Board of trū Shrimp, stated that this is a great moment for the company and stressed that the Board has not taken their decision impulsively.

“Three years of research accompanied by painstaking engineering, construction development, and creation of a thorough business plan all enabled the Board to agree to proceed with Luverne Bay Harbor and take the next steps toward commercialization. The investments made in Balaton’s Innovation Center, Balaton Cove Hatchery, and our magnificent Balaton Bay Reef are leading the way to Luverne Bay Harbor and many more harbors in the future; a very exciting future,” he pointed out.

Photo: trū Shrimp

The Company’s goal is to have financing arranged by June 2019 with plans to break ground in Luverne shortly thereafter. Construction of the entire Harbour complex will take approximately two years to complete, with one half of the harbor in production as the second half is still being constructed.

trū Shrimp, an affiliate of Ralco, is redefining shrimp aquaculture. It’s disruptive technologies and revolutionary processes produce shrimp sustainably and predictably without use of antibiotics and with unequalled transparency and traceability.

Related article:

Trū Shrimp partners with research organisation to boost shrimp sustainable aquaculture

[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Netherlands
Mar 20, 01:50 (GMT + 9):
ASC launches new farm standard public consultation
United States
Mar 20, 01:10 (GMT + 9):
East Hampton devises plan to reduce shellfish mortality
Colombia
Mar 20, 00:20 (GMT + 9):
Colombia will update fisheries act to enhance fishing and aquaculture activity
European Union
Mar 20, 00:00 (GMT + 9):
EU Council adopts contingency measures in case of no-deal Brexit
United Kingdom
Mar 19, 22:40 (GMT + 9):
UK negotiates trade pact with Norway and Iceland
Spain
Mar 19, 22:30 (GMT + 9):
Pescanova presents three new shrimp tapa proposals
Argentina
Mar 19, 21:40 (GMT + 9):
Chubut companies initiate procedures to obtain MSC shrimp certification
United Kingdom
Mar 19, 21:00 (GMT + 9):
Seafood mislabelling rate of less than 1pct revealed for products with MSC ecolabel
United States
Mar 19, 20:00 (GMT + 9):
Large increase in volume and value yoy of imported catfish/pangasius
Japan
Mar 19, 02:00 (GMT + 9):
Total fresh and frozen tuna imports fall in January
Spain
Mar 19, 01:20 (GMT + 9):
Stolt Sea Farm expands sole farming operations
Chile
Mar 19, 01:10 (GMT + 9):
Fisheries Act cancellation would represent USD 62 million less for the State
United States
Mar 19, 01:00 (GMT + 9):
Maine’s cod capture value plummets
Japan
Mar 18, 23:50 (GMT + 9):
AI and drones aid farmers to better plan fish feeding
Peru
Mar 18, 23:40 (GMT + 9):
New minister analyzes new fishing right implementation with fishermen's unions



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Albion publishes 2019 ODP profile
Canada Sustainable Fisheries Partnership (SFP) is pleased to announce Canadian seafood supplier Albion Farms & Fisheries has renewed its participation in the Ocean Disclosure Project (ODP) for a second y...
Indonesian one-by-one tuna brand is to be launched
Indonesia In close collaboration with the Ministry of Marine Affairs and Fisheries, the Indonesian Pole & Line and Handline Fisheries Association is to launch the Indonesian one-by-one tuna brand at the Seafood Expo North America in Boston.
SFP announces new Target 75 'Champion'
United States Sustainable Fisheries Partnership is pleased to announce that US- and Italy-based seafood importer and distributor PanaPesca has become SFP’s newest Target 75 Champion.
Temporary shrimp fishing ban begins in the Pacific
Mexico The National Fisheries and Aquaculture Committee set a temporary ban on all shrimp species in the Mexican Pacific Ocean beginning Friday, March 15.
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation
Marona S.A.
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2019 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER