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Venture
capital seeds Mill's Rooks' dream for Ocean's
Bounty Seafarms
Ridgeland, N.C.--Mills Rooks hopes to have
the first phase of the $3 million privately
funded
venture
called Ocean's Bounty Seafarms -- which
will include 16 greenhouses -- completed
and operating by the end of the year.
If
everything goes according to plan,
the company will have its first harvest
next spring. As soon as the process produces
its first successful crop, Rooks said,
he'll begin
full expansion.
Rooks plans to use technology
developed by the Waddell Mariculture
Center in greater
Bluffton, which is funded by the U.S.
Department of Agriculture's Marine Shrimp
Farming
Program. The center aims to develop technology
to
increase domestic shrimp production and
decrease reliance on imported shrimp.
Read the complete story
in the Beaufort
Gazette.
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