January 23, 2019
Trū Shrimp Company to build first 'harbor' production facility in South Dakota
Minnesota, USA-based trū Shrimp Company announced plans to build its first so-called Harbor shrimp production facility in Madison, South Dakota.
Construction is expected to break ground this summer in Madison's Lakeview Industrial Park, the company said in a news release early this month.
"We are excited to be working with the city of Madison and the Lake Area Improvement Corporation in bringing safe and sustainable shrimp to the US consumer", said Michael Ziebell, trū Shrimp president and CEO.
"Though we're headquartered in Minnesota, trū Shrimp is truly a Midwest company. Building our first harbor in Madison reaffirms our commitment to the broader region", he added. Trū Shrimp calls its facilities "Harbors" to reflect its innovative technology and new processes of raising shrimp, including growing them in shallow water that is cleaned and reused. Trū Shrimp also raises shrimp that are free of chemicals and antibiotics.
South Dakota Gov. Dennis Daugaard welcomed trū Shrimp as its "newest corporate citizen".
"The growing aquaculture industry, led by trū Shrimp, is not only a great fit for Madison, but also a natural fit for our state's agricultural heritage", Daugaard said.
Madison is a second choice as a site for trū Shrimp's first Harbor. Luverne, Minnesota, was previously identified as the site, but the company met some state regulatory roadblocks that needed to be addressed before it could proceed. "Our timeline for capital financing and construction in 2019 does not allow adequate time to resolve the items in Luverne. Locating the first Harbor in Madison not only meets the critical components of our business model, but our timeline as well", Ziebell said.