Ralco Says its Indoor Shrimp Farming Operations Can Generate $48 Million in Business for Minnesota
SEAFOODNEWS.COM [Minnesota State Farmer] - February 15, 2017
Balaton, Minn. - Ralco released that an economic impact study conducted by the University of Minnesota (U of M) projects the construction for just one trū® Shrimp Harbor, a shrimp production facility, would generate over $48 million in economic activity in the southwest Minnesota region including Cottonwood, Lyon, Murray, Nobles, Rock and Redwood counties.
Construction of the nine-acre facility would result in $14.5 million of labor income and support an estimated 330 jobs. Once the Harbor is constructed it will continue to generate an estimated $23 million...
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