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April 27, 2015

United States

Minnesota—Ralco Aquaculture Marketing Its Technology Worldwide

 

On April 27, 2015, trū Shrimp™ Systems, a Brand of Ralco Aquaculture, announced that it has entered into an agreement with Texas A&M University for the exclusive worldwide rights to commercialize its Tidal Basin™ Technology, formerly referred to as a super-intensive raceway system for growing shrimp.  The license agreement for the patented technology, developed by shrimp expert Dr. Addison Lawrence, extends to countries such as China, Taiwan, France, Germany, Italy, Spain, the Netherlands and the United Kingdom.

 

Since trū Shrimp™ Systems acquired the initial patent rights to the USA market, it has accelerated commercialization of the Tidal Basin™ Technology and a state-of-the-art shrimp research center.  The first round of engineering has been completed for a multi-million-pound-per-year shrimp production facility.  The research center, located in Balaton, Minnesota, will be complete in August 2015.  The facility will include two commercial-scale Tidal Basin™ lines.  It will also include 144 shrimp research tanks, 116 nursery holding tanks, an animal health laboratory and water quality and shrimp feed laboratories.

 

Systems General Manager Michael Ziebell said the global patent rights acquired by trū Shrimp™ Systems are an essential component to its mission; however, partners receive much more from the company than Tidal Basin™ Technology.  “We provide everything required for success including process, financial and operational planning and technical support.  We represent a clear alternative for the shrimp raising investor,” Ziebell said.  “Not only are we embracing a breakthrough technology, but we are rethinking shrimp production and evolving to meet tomorrow’s food safety standards.  We provide a reliable, dependable, bio-secure shrimp system that can be traced across the entire food supply chain.  Product quality, consumer safety and consistent supply are in the front seat of our work and not an afterthought.”

 

Ralco, a third-generation family-owned, multinational company with distribution in more than 30 countries, is a leading global provider of livestock nutrition, animal health products and crop enhancement products.  Ralco supports large segments of the livestock, poultry, aquaculture and crop industries.

 

Information: Ryan Wendland, 330 3rd Street, Ralco Aquaculture, Balaton, Minnesota 56115, USA (phone 1-507- 337-6819, email ryan.wendland@ralconutrition.com, webpage http://www.ralcoagriculture.com).

 

Source: Virtual Strategy Magazine.  trū™ Systems Acquires Global Patent for Tidal Basin™ Shrimp Production.  April 27, 2015.

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