Mexico-Based Atarraya Plans Indianapolis, Indiana, Shrimp Farm Operation
09/24/2022
The company will locate the new facility, which will include approximately 20 Shrimpboxes, at 2075 S. Belmont Avenue. The location will enable Atarraya to expand into the U.S. market and advance its goal of making shrimp the most sustainable, accessible and nutritious source of animal protein in the world.
"We've spent the past decade developing the technology that will empower the future of aquaculture and realized that in order to unleash its true potential to feed the world, aquaculture must be local," said Daniel Russek, CEO and founder of Attaraya. "We are excited to start in the U.S. agriculture capital of Indiana, which we believe will rapidly become the nation's agtech capital."
Based on the company’s job creation plans, the Indiana Economic Development Corporation (IEDC) committed an investment of up to $1 million in Atarraya through incentive-based tax credits and up to $50,000 in training grants. The tax credits are performance-based, meaning Atarraya is eligible to claim incentives once Indiana residents are hired and trained. The city of Indianapolis supports the project.
Headquartered in Puerto Escondido, Oaxaca, Mexico, Atarraya currently employs 87 team members across Oaxaca, Campeche, Mexico City and Indiana.
"We’re inspired by the cutting-edge technology Atarraya has created to advance shrimp cultivation, and I am ecstatic to see these entrepreneurs and innovators choose Indiana to locate and scale their business,” said Indiana Secretary of Commerce Brad Chambers. “Indiana is the ideal location for agtech companies like Atarraya to continue developing innovative solutions while providing consumers with a sustainable food source.”
Housed in traditional cargo containers, Atarraya’s AI-powered Shrimpbox shrimp farming technology provides a sustainable, globally scalable protein source that creates new opportunities for farmers, even in landlocked, urban locations. Atarraya's Shrimpbox uses biotechnology, artificial intelligence and automation, and allows shrimp to be farmed locally, anywhere in the world. Unlike traditional shrimp farming, Shrimpbox operates with zero water pollution, eliminates the need for antibiotics or chemicals and produces fresh, healthy shrimp anywhere.
“Atarraya’s Shrimpbox unites the power of technology, science and sustainable food production to bring new choices to the U.S. market,” said Mitch Frazier, CEO of AgriNovus Indiana. “Indiana’s $52 billion agbioscience economy, coupled with our strength in technology, make Indiana a destination of choice for global innovators like Atarraya as we build the economy of the future.”
Project Announcements
Swiss-Based GF Casting Solutions AG Plans Augusta, Georgia, Operations
05/07/2024
3M Expands Valley, Nebraska, Production Operations
05/07/2024
Advanced Call Center Technologies Expands Norman, Oklahoma, Operations
05/07/2024
Rivian Automotive Expands Normal, Illinois, Operations
05/06/2024
Meta Platforms Plans Montgomery, Alabama, Data Center Operations
05/06/2024
Crystal Window & Door Systems Plans Selma, North Carolina, Production Operations
05/06/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Last Word: Striking a Balance - Prioritizing Electric Infrastructure While Preparing for the Next Wave of Industrial Expansion
Q1 2024