New lease agreement for RAS facility

NaturalShrimp recently signed an agreement with Jefferson County, Florida, to lease NaturalShrimp ten acre land, it revealed in a press release dated the 17th February, 2022. The land will be used for a 250,000 square foot production facility for shrimp, and Jefferson County will be helping to identify and pursue up to US$25 million in funding grants.

The land was explained to be suitable for NaturalShrimp's business as it can accommodate a 250,000 square foot production facility and is faourably located, on a four-lane state highway and within the County Opportunity Zone.

The agreement also extended to coordinating with local high school and college work programmes to provide training and support for potential employees for NaturalShrimp. It has also signed a letter of intent with the Water Quality Association (WQA) to develop an advanced training and certification programme for water treatment professionals, to expand the number of skilled aquaculture workers based in Florida.

"After extensive due diligence, the site in Jefferson County, Florida is an ideal location for our next shrimp facility, and we are privileged to be working with the County to advance our development plans," explained Gerald Easterling, the CEO of NaturalShrimp. "The new facility will enable us to effectively scale up production output predicated upon growth in demand for NaturalShrimp within the large Florida market."

"The size and scope of our planned Florida facility will require many skilled aquaculture workers that are qualified to operate next-generation equipment that require the highest water quality standards with the lowest environmental impact," Easterling added. "Training and credentialing water treatment professionals will not only provide the talent we need but will also help to boost workforce development in the region."

For more information on Natural Shrimp visit their website, HERE.