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Posted On: 07/27/2019 5:41:00 PM
Post# of 1078
Our strategy is to develop regional production and distribution centers near major metropolitan areas throughout the United States and internationally.Today, we have 53,000 sq. ft. of R&D facilities, which includes, a pilot production system, greenhouse/reservoirs and utility buildings in La Coste, TX (near San Antonio).
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We intend to begin construction of a new free-standing facility with the next generation shrimp production system in place on the property in 2019.The reasoning behind building additional shrimp production systems in La Coste is availability of trained production personnel, our research and development team, and an opportunity to develop the footprint and model for additional facilities.
Our current plan is to develop six regional production anddistribution centers near major markets in 2019, adding one system per month in a selected production center, depending on market demand.
< page 10 >
We intend to begin construction of a new free-standing facility with the next generation shrimp production system in place on the property in 2019.The reasoning behind building additional shrimp production systems in La Coste is availability of trained production personnel, our research and development team, and an opportunity to develop the footprint and model for additional facilities.
Our current plan is to develop six regional production anddistribution centers near major markets in 2019, adding one system per month in a selected production center, depending on market demand.
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