DALLAS, TX, Aug. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – NaturalShrimp, Inc. (OTCQB: SHMP), a Biotechnology Aquaculture Company that has developed and patented the commercially operational RAS (Recirculating Aquaculture System), today issued updates on the Florida expansion and the fire that occurred on July 3, 2022, at the La Coste, Texas Water Treatment Plant (WTP).
La Coste, TX Fire Results
The Fire Marshall report stated the fire that damaged the La Coste, TX Water Treatment Plant (WTP) was caused by electrical arcing in the electrical distribution equipment to the building. Fortunately, NaturalShrimp had the ability to quickly assemble spare drum filters and electrocoagulation (EC) equipment to maintain and continue to grow and harvest the shrimp already stocked in the unaffected production building. The Company plans to rebuild the WTP after receiving fire insurance money and will incorporate additional safeguards to minimize future fire risk.
“With the completion of the fire investigation at our Texas WTP, we are implementing critical safeguards to ensure safe operations in the future. We are thankful the incident resulted in a minimal loss of production time thanks to the coordinated actions of our team. Together, production increases at our current facilities combined with future facilities in Florida and beyond will continue to increase capacity, positioning us to rapidly expand our geographic footprint and meet our long-term production…
