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March 30, 2014

United States

Florida—Florida Organic Aquaculture

 

 

Florida Organic Aquaculture’s (FOA) closed-loop, zero-water exchange farm with four growout tanks, covering 180,000 square feet, is up and running and will start its first commercial harvest in May or June 2014.  It plans to sell its harvest to Asian restaurants.  John Billian, vice president of business development at FOA, said, “We didn’t foresee it, but it’s a great market that’s very much underserved.”  

 

FOA raised $18 million—$16 million of it from foreign investors in China, South Africa and South America—to build the farm in Fellsmere, Florida.  The $18 million includes a second farm, slated to start construction by the end of this year or early next year, Billian said.  Once constructed, the company is looking into growing samphire (sea asparagus) and oysters as part of the system.  The funding also includes plans for a hatchery, which is still “in the planning stages,” Billian said.

 

Information: John Billian, Vice President of Business Development, Florida Organic Aquaculture, 930 West Indiantown Road, Suite 204, Jupiter, Florida 33458, USA (phone 1-561-741-3000, fax 1-561-741-8000, email info@flaquaculture.com webpage www.flaquaculture.com).

 

Source: Boletín CNA (Ecuador’s Cámara Nacional de Acuacultura).  Editor, Jorge Tejada (jtejada@cna-ecuador.com). Florida Organic Shrimp Producer Taps Into Asian Restaurant Sector.  March 19, 2014.

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