Mainstream Aquaculture has now purchased a 1100 acre land-based fish farm located in Arizona, US. This acquisition will help facilitate one of the largest producers and suppliers of Barramundi expand its growing portfolio to include domestic production for the US market.
Currently, the company's growing aquaculture business in Australia provides a model for a successful business in the US that can be grown to meet domestic market demand. The farm in Arizona marks Mainstream's first international acquisition and a step towards globalising its seafood business model.
Mainstream will be adding this farm to its growing business, which includes three hatcheries to supply the global Barramundi industry with fingerlings from its selective breeding programme. This business exports to 27 countries across 5 continents. It also has two state-of-the-art farms based in Melbourne, which utilise closed containment aquaculture technology and three saltwater pond farming sites. Two farms are located between the Wooroonooran Rainforest and Great Barrier Reef.
 |
| Image credit: Mainstream Aquaculture |
"Barramundi is a delicious, nutritious and sustainable fish ideal for aquaculture," explains Boris Musa, Mainstream Aquaculture Group MD and CEO. "We are immensely proud to expand our operations in the USA after several years market testing the product and operating a pilot scale Barramundi farm in Arizona."
"By applying the capabilities we have developed over 20 years in Australia, we are confident the venture will establish Barramundi as a premium, sustainable, ethically produced and widely appealing white fish in the USA," Mr Musa concludes.
In recent news, Mainstream Aquaculture was awarded a government grant for a planned facility in Latrobe Valley co-located with paper manufacturer's Opal's mill. This can be read about, HERE.
For more information on Mainstream Aquaculture visit their website, HERE.
No comments:
Post a Comment