Thursday, September 08, 2016 3:02:52 PM
NaturalShrimp announces North American expansion plans
http://finance.yahoo.com/news/naturalshrimp-announces-north-american-expansion-123000695.html
LA COSTE, Texas, June 7, 2016 /PRNewswire/ -- NaturalShrimp Incorporated, a global leader in aquaculture technology, 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, 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 Director of Operations Scott Stubblefield. "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 the European Holding company with its first production operation located outside of Madrid, Spain designed to optimize their technology and production methods. "We are very happy with the progress our partners in Europe in executing their business objectives in that region," commented NaturalShrimp President, Gerald Easterling.
At the close of its current funding, NaturalShrimp will begin to seek-out areas near Las Vegas and New York, while construction begins in La Coste, Texas.
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