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Texas—NaturalShrimp Update

 

Publicly traded NaturalShrimp is preparing to expand its facilities with the help of a Fortune “200” company said chief financial officer William Delgado.

 

[Shrimp News: Previous press reports indicated that NaturalShrimp was going to partner with Ingersoll Rand (industrial equipment).  I could not find Ingersoll Rand in Fortune Magazine’s list of the top “500” companies in the United States for 2016.]

 

NaturalShrimp, headquartered in Dallas, Texas, has a 40,000-square-foot facility on 35 acres in San Antonio, Texas, where it farms shrimp indoors using proprietary technology.  But it has set its eyes on building more facilities in the near future: one near Las Vegas (which Delgado said consumes the most shrimp in the USA), one in the New York City tri-state area and one in a mid-Atlantic state.

 

NaturalShrimp has paused its operations in Texas, while its Fortune 200 partner does a lengthy, in-depth audit of it, the details of which Delgado wishes to keep under wraps for now.  Once done, the partnership will give birth to a new and enhanced system that could bring high-quality, environmentally friendly shrimp to USA consumers quickly and inexpensively.

 

NaturalShrimp’s produces shrimp in an indoor, recirculating system that’s fully automated, so minimal labor costs are involved.  “The average price [of shrimp] is $10 per pound,” said Delgado.  “Our production costs run about $5.00 to $5.50 [a pound], so you can see there’s a tremendous financial market for what we’re doing right now.  We started this whole process back in 2001....  We can go pretty much anywhere in the world and scale our project and production....”

 

Information: William Delgado, NaturalShrimp, Inc., P.O. Box 760669, San Antonio, Texas 78245, USA (phone 1-888-791-9474, email info@naturalshrimp.com, webpage http://naturalshrimp.com).

 

Sources: 1. Food Navigator-USA.com.  Natural Shrimp Partners with Fortune 200 Company to Shake-Up Shrimp Farming.  Adi Menayang.  May 2, 2017.  2. Bob Rosenberry, Shrimp News International, May 2, 2017.