CONTRIBUTORY FACTORS

Where is the U.S.? The U.S. production of pond-raised shrimp is relatively small by world standards at 2-3,000 metric tons in recent years. There are several roadblocks to successful shrimp farming in the U.S., including high cost of land, labor and energy; lengthy, cumbersome and elaborate permitting process; and relatively limited areas with favorable year-round environmental conditions. However, there are serious research efforts at improving cost-efficiency of shrimp farming in the U.S., led by a consortium of research facilities in Texas, Mississippi, South Carolina, Arizona, Hawaii and other states, and supported by both the Department of Agriculture and the Department of Commerce, and results are already very encouraging. This must be an important national objective, because we currently incur in an annual trade deficit of shrimp imports amounting to around two billion dollars. Nevertheless, the U.S. has been a leader in shrimp farming know-how and technology - particularly in hatchery technology and intensive, large -scale, recirculating growout systems. The U.S. plays a critical role in worldwide shrimp farming activities as a major supplier of investment capital and technical expertise, equipment, information, research and training. Species Production of pond-raised marine shrimp is dominated by a few species, one of which Florida International Shrimp Harvesters ("FISH") will produce.

Florida International Shrimp Harvesters Tampa Bay location has a distinct advantage over Texas and other Gulf coast shrimp farming states in that the location will enable year round production.

Recirculation is environmentally friendly and essential to our current need in Florida to minimize fresh water consumption. Additionally the greenhouse type covered ponds further conserves fresh water use by reducing evaporation as well as maintain water temperature during the four winter months. Fresh water consumption for the project will be 95% less than current usage for agriculture (tomatoes and citrus).

Location is in the center of one of the largest markets in the nation for fresh, frozen, and live shrimp with Interstate I-75 connections as well as a CSX railroad siding. The CSX railroad connection will further reduce the cost of bringing bulk grain for our feed mixing mill.

Port Tampa and Port Manatee  serve all parts of the world with refrigerated roll-on, roll-off and break-bulk frozen cargo service. Also bulk feed unloading facilities are present. Tampa International airport is only minutes away and offers direct air service for shipment of live shrimp as well as larvae from the hatchery to all parts of the U.S. and the world.

Reasonably priced electric, natural gas, fresh city water, Tampa Bay salt water, and city sewer service are all available to Florida International Shrimp Harvesters sites.

Last but not least we are located in the good ol' U.S.A.!!

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