Monday, November 15, 2004

Will US based aquaculture companies go elsewhere to do business?

After reading a recent press release from Boca Raton, Fla. based aquaculture tech firm Neptune Industries, saying the company had inked a memorandum deal with the Cook Islands in the Pacific which "paves the way for international application of Neptune's revolutionary new eco-friendly, aquaculture technology," I got to thinking about the international playing field for US aquaculture companies on the whole. Would the growing pressure from critics of the aquaculture industry here in the US, force US based companies to take their business out of the country in order to get out from under any new regulations that may come down from the government controlling the way aquaculture industry does business? I have posed this question to a number of industry analysts and I am awaiting their reply. Until then, please feel free to add your two cents.

E.L.

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